|Horizon||30 Days Login to change|
Indiabulls Income Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|15.22||30 days||15.22||ABOUT 13.41%|
Based on normal probability distribution, the odds of Indiabulls Income to move above current price in 30 days from now is about 13.41% (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 Fund Reg Gr has beta of -0.0023 suggesting as returns on benchmark increase, returns on holding Indiabulls Income are expected to decrease at a much smaller rate. During bear market, however, Indiabulls Income Fund Reg Gr is likely to outperform the market. Additionally The company has an alpha of 0.0231 implying that it can potentially generate 0.0231% excess return over DOW after adjusting for the inherited market risk (beta).
Indiabulls Income Price Density
|Alpha over DOW||=||0.023059|
|Beta against DOW||=||0.0023|