|Current Price||Horizon||Target Price||Odds 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
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