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