|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 13.25 ||30 days|| 13.25 || ABOUT 42.58%|
Based on normal probability distribution, the odds of Axis Income to move above current price in 30 days from now is about 42.58% (This Axis Income Saver Dir Qtly Div probability density function shows the probability of Axis Income Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Axis Income has beta of 0.0232 suggesting as returns on market go up, Axis Income average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Axis Income Saver Dir Qtly Div will be expected to be much smaller as well. Additionally Axis Income Saver Dir Qtly Div has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Axis Income Price Density