|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 10.34 ||30 days|| 10.34 || ABOUT 27.2%|
Based on normal probability distribution, the odds of Birla Sun to move above current price in 30 days from now is about 27.2% (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 Life Gilt Plus PF Dir Qt Div has beta of -0.0401 suggesting as returns on benchmark increase, returns on holding Birla Sun are expected to decrease at a much smaller rate. During bear market, however, Birla Sun Life Gilt Plus PF Dir Qt Div is likely to outperform the market. Additionally Birla Sun Life Gilt Plus PF Dir Qt Div has an alpha of 0.0313 implying that it can potentially generate 0.0313% excess return over DOW after adjusting for the inherited market risk (beta).