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

    F00000PDYF -- India Fund  

    INR 85.21  0.46  0.54%

    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
     85.21 30 days 85.21  ABOUT 19.25%
    Based on normal probability distribution, the odds of Franklin India to move above current price in 30 days from now is about 19.25% (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 has beta of 0.0 suggesting unless we do not have required data, the returns on DOW and Franklin India are completely uncorrelated. Additionally Franklin India Dyn PE Ratio FoF Dir GrIt does not look like Franklin India alpha can have any bearing on the equity current valuation.
     Franklin India Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.00
    β
    Beta against DOW=0.00
    σ
    Overall volatility
    =41.71
    Ir
    Information ratio =0.00

    Franklin India Alerts

    Franklin India Alerts and Suggestions

    The fund retains about 9.64% of its assets under management (AUM) in cash
    Additionally see Investing Opportunities. Please also try World Markets Correlation module to find global opportunities by holding instruments from different markets.
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