DHFL Pramerica (India) Probability of Target Price Finishing Over Current Price

    F00000SC5U -- India Fund  

    INR 17.26  0.84  4.64%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     17.26 30 days 17.26  ABOUT 35.88%
    Based on normal probability distribution, the odds of DHFL Pramerica to move above current price in 30 days from now is about 35.88% (This DHFL Pramerica Midcap Opp Fund Dir Gr probability density function shows the probability of DHFL Pramerica Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, DHFL Pramerica Midcap Opp Fund Dir Gr has beta of -0.1024 suggesting as returns on benchmark increase, returns on holding DHFL Pramerica are expected to decrease at a much smaller rate. During bear market, however, DHFL Pramerica Midcap Opp Fund Dir Gr is likely to outperform the market. Additionally DHFL Pramerica Midcap Opp Fund Dir Gr has an alpha of 0.0435 implying that it can potentially generate 0.0435% excess return over DOW after adjusting for the inherited market risk (beta).
     DHFL Pramerica Price Density 
          Price 
    α
    Alpha over DOW
    =0.043472
    β
    Beta against DOW=0.1
    σ
    Overall volatility
    =9.63
    Ir
    Information ratio =0.09

    DHFL Pramerica Alerts

    DHFL Pramerica Alerts and Suggestions

    DHFL Pramerica is not yet fully synchronised with the market data
    The fund retains 95.34% of its assets under management (AUM) in equities
    Additionally see Investing Opportunities. Please also try Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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