Franklin India (India) Probability of Target Price Finishing Over Current Price

F00000PDXS -- India Fund  

INR 76.51  0.0002  0.0003%

Franklin India probability of target price tool provides mechanism to make assumptions about upside and downside potential of Franklin India Flexi Cap Dir Gr performance during a given time horizon utilizing its historical volatility. Please specify Franklin India time horizon, a valid symbol (red box) and a target price (blue box) you would like Franklin India odds to be computed. Additionally see Franklin India Backtesting, Portfolio Optimization, Franklin India Correlation, Franklin India Hype Analysis, Franklin India Volatility, Franklin India History as well as Franklin India Performance.
Horizon     30 Days    Login   to change
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Franklin India Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 76.51 30 days 76.51  ABOUT 38.04%
Based on normal probability distribution, the odds of Franklin India to move above current price in 30 days from now is about 38.04% (This Franklin India Flexi Cap Dir Gr probability density function shows the probability of Franklin India Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Franklin India has beta of 0.0535 suggesting as returns on market go up, Franklin India average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Franklin India Flexi Cap Dir Gr will be expected to be much smaller as well. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Franklin India Flexi is significantly underperforming DOW.
 Franklin India Price Density 
      Price 
α
Alpha over DOW
=0.12
β
Beta against DOW=0.05
σ
Overall volatility
=29.70
Ir
Information ratio =0.53

Franklin India Alerts

Franklin India Alerts and Suggestions

Franklin India Flexi generates negative expected return over the last 30 days
The fund retains about 7.44% of its assets under management (AUM) in cash

Price Density Drivers

Franklin India Health Indicators

Additionally see Franklin India Backtesting, Portfolio Optimization, Franklin India Correlation, Franklin India Hype Analysis, Franklin India Volatility, Franklin India History as well as Franklin India Performance. Please also try Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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