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

    F00000PDZJ -- India Fund  

    INR 10.07  0.0045  0.0447%

    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 26.96%
    Based on normal probability distribution, the odds of HDFC Cash to move above current price in 30 days from now is about 26.96% (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 -0.0414 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 The company has a negative alpha implying that the risk taken by holding this equity is not justified. HDFC Cash Mgmt is significantly underperforming DOW.
     HDFC Cash Price Density 
    Alpha over DOW
    Beta against DOW=0.04
    Overall volatility
    Information ratio =0.4

    HDFC Cash Alerts

    HDFC Cash Alerts and Suggestions

    HDFC Cash Mgmt is not yet fully synchronised with the market data
    On December 31, 2018 HDFC Cash paid 0.0635 per share dividend to its current shareholders
    The fund retains about 41.25% of its assets under management (AUM) in cash

    Price Density Drivers

    HDFC Cash Health Indicators

    Additionally see Investing Opportunities. Please also try Fund Screener module to find activelly-traded funds from around the world traded on over 30 global exchanges.