|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 13.48 ||30 days|| 13.48 || ABOUT 30.66%|
Based on normal probability distribution, the odds of Sundaram Money to move above current price in 30 days from now is about 30.66% (This Sundaram Money Reg Bns probability density function shows the probability of Sundaram Money Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Sundaram Money Reg Bns has beta of -0.093 suggesting as returns on benchmark increase, returns on holding Sundaram Money are expected to decrease at a much smaller rate. During bear market, however, Sundaram Money Reg Bns is likely to outperform the market. Additionally Sundaram Money Reg Bns has an alpha of 0.0862 implying that it can potentially generate 0.0862% excess return over DOW after adjusting for the inherited market risk (beta).
Sundaram Money Price Density
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|Current Price || ||Target Price || |