|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 14.69 ||30 days|| 14.69 || ABOUT 10.97%|
Based on normal probability distribution, the odds of Indiabulls Income to move above current price in 30 days from now is about 10.97% (This Indiabulls Income Fund Reg Gr probability density function shows the probability of Indiabulls Income Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Indiabulls Income has beta of 0.1064 suggesting as returns on market go up, Indiabulls Income average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Indiabulls Income Fund Reg Gr will be expected to be much smaller as well. Additionally Indiabulls Income Fund Reg Gr has an alpha of 0.0634 implying that it can potentially generate 0.0634% excess return over DOW after adjusting for the inherited market risk (beta).
Indiabulls Income Price Density