|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 10.29 ||30 days|| 10.29 || ABOUT 27.34%|
Based on normal probability distribution, the odds of Birla Sun to move above current price in 30 days from now is about 27.34% (This Birla Sun Life Gilt Plus PF Dir Qt Div probability density function shows the probability of Birla Sun Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Birla Sun has beta of 0.1007 suggesting as returns on market go up, Birla Sun average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Birla Sun Life Gilt Plus PF Dir Qt Div will be expected to be much smaller as well. Additionally Birla Sun Life Gilt Plus PF Dir Qt Div has an alpha of 0.0373 implying that it can potentially generate 0.0373% excess return over DOW after adjusting for the inherited market risk (beta).
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