|Horizon||30 Days Login to change|
Sundaram Money Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|13.66||30 days||13.66||ABOUT 32.87%|
Based on normal probability distribution, the odds of Sundaram Money to move above current price in 30 days from now is about 32.87% (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 has beta of 0.0372 suggesting as returns on market go up, Sundaram Money average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Sundaram Money Reg Bns will be expected to be much smaller as well. Additionally The company has an alpha of 0.12 implying that it can potentially generate 0.12% excess return over DOW after adjusting for the inherited market risk (beta).
Sundaram Money Price Density
|Alpha over DOW||=||0.12|
|Beta against DOW||=||0.0372|