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

    F00000PDYF -- India Fund  

    INR 84.82  0.22  0.26%

    Franklin India probability of target price tool provides mechanism to make assumptions about upside and downside potential of Franklin India Dyn PE Ratio FoF 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
     84.82 30 days 84.82  ABOUT 29.68%
    Based on normal probability distribution, the odds of Franklin India to move above current price in 30 days from now is about 29.68% (This Franklin India Dyn PE Ratio FoF 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 Dyn PE Ratio FoF Dir Gr has beta of -0.0271 suggesting as returns on benchmark increase, returns on holding Franklin India are expected to decrease at a much smaller rate. During bear market, however, Franklin India Dyn PE Ratio FoF Dir Gr is likely to outperform the market. Additionally The company has an alpha of 0.0895 implying that it can potentially generate 0.0895% excess return over DOW after adjusting for the inherited market risk (beta).
     Franklin India Price Density 
    Alpha over DOW
    Beta against DOW=0.03
    Overall volatility
    Information ratio =0.06

    Franklin India Alerts

    Franklin India Alerts and Suggestions

    Franklin India Dyn is not yet fully synchronised with the market data
    The fund retains about 9.64% of its assets under management (AUM) in cash

    Price Density Drivers

    Franklin India Health Indicators

    Additionally see Investing Opportunities. Please also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.