DSP BlackRock (India) Probability of Target Price Finishing Over Current Price

    F00000QG2G -- India Fund  

    INR 10.17  0.00  0.00%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     10.17 30 days 10.17  ABOUT 27.63%
    Based on normal probability distribution, the odds of DSP BlackRock to move above current price in 30 days from now is about 27.63% (This DSP BlackRock Bank PSU Debt Dir Mn Div probability density function shows the probability of DSP BlackRock Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, DSP BlackRock Bank PSU Debt Dir Mn Div has beta of -0.1751 suggesting as returns on benchmark increase, returns on holding DSP BlackRock are expected to decrease at a much smaller rate. During bear market, however, DSP BlackRock Bank PSU Debt Dir Mn Div is likely to outperform the market. Additionally DSP BlackRock Bank PSU Debt Dir Mn Div has an alpha of 0.0545 implying that it can potentially generate 0.0545% excess return over DOW after adjusting for the inherited market risk (beta).
     DSP BlackRock Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.05
    β
    Beta against DOW=0.18
    σ
    Overall volatility
    =4.65
    Ir
    Information ratio =0.28

    DSP BlackRock Alerts

    DSP BlackRock Alerts and Suggestions

    DSP BlackRock Bank generates negative expected return over the last 30 days
    The fund retains about 97.58% of its assets under management (AUM) in fixed income securities
    Additionally see Investing Opportunities. Please also try Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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