UTI Bond (India) Probability of Target Price Finishing Over Current Price

    F00000PE4P -- India Fund  

    INR 17.84  0.0036  0.0202%

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

    UTI Bond Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     17.84 30 days 17.84  ABOUT 39.32%
    Based on normal probability distribution, the odds of UTI Bond to move above current price in 30 days from now is about 39.32% (This UTI Bond Dir Div probability density function shows the probability of UTI Bond Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, UTI Bond Dir Div has beta of -0.0617 suggesting as returns on benchmark increase, returns on holding UTI Bond are expected to decrease at a much smaller rate. During bear market, however, UTI Bond Dir 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. UTI Bond Dir is significantly underperforming DOW.
     UTI Bond Price Density 
    Alpha over DOW
    Beta against DOW=0.06
    Overall volatility
    Information ratio =0.11

    UTI Bond Alerts and Suggestions

    UTI Bond Dir is not yet fully synchronised with the market data
    The fund retains about 26.23% of its assets under management (AUM) in cash

    UTI BondPrice Density Drivers

    Search macroaxis.com