Indiabulls Income (India) Probability of Target Price Finishing Over Current Price

    F00000PN2Q -- India Fund  

    INR 14.75  0.00  0.00%

    Indiabulls Income probability of target price tool provides mechanism to make assumptions about upside and downside potential of Indiabulls Income Fund Reg Gr performance during a given time horizon utilizing its historical volatility. Please specify Indiabulls Income time horizon, a valid symbol (red box) and a target price (blue box) you would like Indiabulls Income odds to be computed. Additionally see Investing Opportunities.
    Horizon     30 Days    Login   to change
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    Indiabulls Income Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     14.75 30 days 14.75  ABOUT 11.38%
    Based on normal probability distribution, the odds of Indiabulls Income to move above current price in 30 days from now is about 11.38% (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 -0.7555 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 Indiabulls Income Fund Reg Gr has an alpha of 0.3526 implying that it can potentially generate 0.3526% excess return over DOW after adjusting for the inherited market risk (beta).
     Indiabulls Income Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.35
    β
    Beta against DOW=0.76
    σ
    Overall volatility
    =0.28
    Ir
    Information ratio =0.20

    Indiabulls Income Alerts

    Indiabulls Income Alerts and Suggestions

    The fund retains about 40.93% of its assets under management (AUM) in cash
    Additionally see Investing Opportunities. Please also try Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of macroaxis ideas.
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