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

    F00000PI71 -- India Fund  

     53.66  0.07  0.13%

    ICICI Pru probability of target price tool provides mechanism to make assumptions about upside and downside potential of ICICI Pru Advisor Moderate Dir Div 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
    Symbol:
    Refresh Odds

    ICICI Pru Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     53.66 30 days 53.66  UNDER 4%
    Based on normal probability distribution, the odds of ICICI Pru to move above current price in 30 days from now is under 4% (This ICICI Pru Advisor Moderate Dir Div 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 Advisor Moderate Dir Div has beta of -0.8219 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 Advisor Moderate Dir Div is likely to outperform the market. Additionally ICICI Pru Advisor Moderate Dir Div has an alpha of 0.3616 implying that it can potentially generate 0.3616% excess return over DOW after adjusting for the inherited market risk (beta).
     ICICI Pru Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.36
    β
    Beta against DOW=0.82
    σ
    Overall volatility
    =1.02
    Ir
    Information ratio =0.21

    ICICI Pru Alerts

    ICICI Pru Alerts and Suggestions

    ICICI Pru Advisor generates negative expected return over the last 30 days
    Additionally see Investing Opportunities. Please also try Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of macroaxis ideas.
    Search macroaxis.com