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
    Symbol:
    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 
          Price 
    α
    Alpha over DOW
    =0.03
    β
    Beta against DOW=0.06
    σ
    Overall volatility
    =3.72
    Ir
    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