Canara Robeco (India) Probability of Target Price Finishing Over Current Price

    F00000PDT1 -- India Fund  

    INR 15.59  0.00  0.00%

    Canara Robeco probability of target price tool provides mechanism to make assumptions about upside and downside potential of Canara Robeco InDiGo Dir Gr performance during a given time horizon utilizing its historical volatility. Please specify Canara Robeco time horizon, a valid symbol (red box) and a target price (blue box) you would like Canara Robeco odds to be computed. Additionally see Investing Opportunities.
    Horizon     30 Days    Login   to change
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    Canara Robeco Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     15.59 30 days 15.59  ABOUT 31.8%
    Based on normal probability distribution, the odds of Canara Robeco to move above current price in 30 days from now is about 31.8% (This Canara Robeco InDiGo Dir Gr probability density function shows the probability of Canara Robeco Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Canara Robeco InDiGo Dir Gr has beta of -0.0703 suggesting as returns on benchmark increase, returns on holding Canara Robeco are expected to decrease at a much smaller rate. During bear market, however, Canara Robeco InDiGo Dir Gr is likely to outperform the market. Additionally Canara Robeco InDiGo Dir Gr has an alpha of 0.0948 implying that it can potentially generate 0.0948% excess return over DOW after adjusting for the inherited market risk (beta).
     Canara Robeco Price Density 
    Current Price   Target Price   
    Alpha over DOW
    Beta against DOW=0.07
    Overall volatility
    Information ratio =0.009

    Canara Robeco Alerts

    Canara Robeco Alerts and Suggestions

    The fund retains about 42.34% of its assets under management (AUM) in cash
    Additionally see Investing Opportunities. Please also try Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.