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

    F00000PI71 -- India Fund  

    INR 53.41  0.10  0.19%

    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
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    ICICI Pru Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     53.41 30 days 53.41  ABOUT 24.07%
    Based on normal probability distribution, the odds of ICICI Pru to move above current price in 30 days from now is about 24.07% (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 has beta of 0.2182 suggesting as returns on market go up, ICICI Pru average returns are expected to increase less than the benchmark. However during bear market, the loss on holding ICICI Pru Advisor Moderate Dir Div will be expected to be much smaller as well. Additionally ICICI Pru Advisor Moderate Dir Div has an alpha of 0.1959 implying that it can potentially generate 0.1959% excess return over DOW after adjusting for the inherited market risk (beta).
     ICICI Pru Price Density 
          Price 
    α
    Alpha over DOW
    =0.20
    β
    Beta against DOW=0.22
    σ
    Overall volatility
    =1.04
    Ir
    Information ratio =0.23

    ICICI Pru Alerts

    ICICI Pru Alerts and Suggestions

    ICICI Pru Advisor is not yet fully synchronised with the market data
    The fund retains about 12.12% of its assets under management (AUM) in cash

    Price Density Drivers

    ICICI Pru Health Indicators

    Additionally see Investing Opportunities. Please also try Cryptocurrency Correlation module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins and exchanges.
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