HDFC Cash (India) Probability of Target Price Finishing Over Current Price

    F00000PDZJ -- India Fund  

    INR 10.07  0.00  0.00%

    HDFC Cash probability of target price tool provides mechanism to make assumptions about upside and downside potential of HDFC Cash Mgmt Trs Adv Dir Dl Div performance during a given time horizon utilizing its historical volatility. Please specify HDFC Cash time horizon, a valid symbol (red box) and a target price (blue box) you would like HDFC Cash odds to be computed. Additionally see Investing Opportunities.
    Horizon     30 Days    Login   to change
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    HDFC Cash Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     10.07 30 days 10.07  ABOUT 14.21%
    Based on normal probability distribution, the odds of HDFC Cash to move above current price in 30 days from now is about 14.21% (This HDFC Cash Mgmt Trs Adv Dir Dl Div probability density function shows the probability of HDFC Cash Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, HDFC Cash Mgmt Trs Adv Dir Dl Div has beta of -0.0022 suggesting as returns on benchmark increase, returns on holding HDFC Cash are expected to decrease at a much smaller rate. During bear market, however, HDFC Cash Mgmt Trs Adv Dir Dl Div is likely to outperform the market. Additionally HDFC Cash Mgmt Trs Adv Dir Dl Div has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     HDFC Cash Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.0096
    β
    Beta against DOW=0.0022
    σ
    Overall volatility
    =5.13
    Ir
    Information ratio =12.77

    HDFC Cash Alerts

    HDFC Cash Alerts and Suggestions

    HDFC Cash Mgmt generates negative expected return over the last 30 days
    The fund retains about 56.88% of its assets under management (AUM) in cash

    Price Density Drivers

    HDFC Cash Health Indicators

    Additionally see Investing Opportunities. Please also try Transaction History module to view history of all your transactions and understand their impact on performance.
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