|Horizon||30 Days Login to change|
Franklin India Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds 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||=||0.09|
|Beta against DOW||=||0.03|