|Current Price||Horizon||Target Price||Odds 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).
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