ICICI Pru (India) Probability of Target Price Finishing Over Current Price

    ICICI Pru probability of target price tool provides mechanism to make assumptions about upside and downside potential of ICICI Pru Banking PSU Debt Dir Wk Dv performance during a given time horizon utilizing its historical volatility. Please specify ICICI Pru time horizon, a valid symbol (red box) and a target price (blue box) you would like ICICI Pru odds to be computed. Additionally see Investing Opportunities.
    Horizon     30 Days    Login   to change
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    ICICI Pru Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     0.00 30 days 0.00  ROUGHLY 96.0%
    Based on normal probability distribution, the odds of ICICI Pru to move above current price in 30 days from now is roughly 96.0% (This ICICI Pru Banking PSU Debt Dir Wk Dv probability density function shows the probability of ICICI Pru Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, ICICI Pru Banking PSU Debt Dir Wk Dv has beta of -0.0677 suggesting as returns on benchmark increase, returns on holding ICICI Pru are expected to decrease at a much smaller rate. During bear market, however, ICICI Pru Banking PSU Debt Dir Wk Dv is likely to outperform the market. Additionally ICICI Pru Banking PSU Debt Dir Wk Dv has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     ICICI Pru Price Density 
          Price 
    α
    Alpha over DOW
    =0.03
    β
    Beta against DOW=0.07
    σ
    Overall volatility
    =4.55
    Ir
    Information ratio =0.19

    ICICI Pru Alerts

    ICICI Pru Alerts and Suggestions

    ICICI Pru Banking is not yet fully synchronised with the market data
    ICICI Pru Banking has some characteristics of a very speculative penny stock
    The fund retains about 15.21% of its assets under management (AUM) in cash

    Price Density Drivers

    ICICI Pru Health Indicators

    Additionally see Investing Opportunities. Please also try Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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