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

F00000PDXS -- India Fund  

INR 86.46  7.84  9.97%

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 Investing Opportunities.
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
 86.46 30 days 86.46  ABOUT 21.47%
Based on normal probability distribution, the odds of Franklin India to move above current price in 30 days from now is about 21.47% (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 0.3874 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 Franklin India Flexi Cap Dir Gr has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Franklin India Price Density 
      Price 
α
Alpha over DOW
=0.05
β
Beta against DOW=0.39
σ
Overall volatility
=38.95
Ir
Information ratio =0.0054

Franklin India Alerts

Franklin India Alerts and Suggestions

Franklin India Flexi is not yet fully synchronised with the market data
The fund retains about 7.44% of its assets under management (AUM) in cash

Price Density Drivers

Franklin India Health Indicators

Additionally see Investing Opportunities. Please also try Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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