|Horizon||30 Days Login to change|
DHFL Pramerica Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|18.12||30 days||18.12||ABOUT 39.82%|
Based on normal probability distribution, the odds of DHFL Pramerica to move above current price in 30 days from now is about 39.82% (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 has beta of 0.1606 suggesting as returns on market go up, DHFL Pramerica average returns are expected to increase less than the benchmark. However during bear market, the loss on holding DHFL Pramerica Midcap Opp Fund Dir Gr will be expected to be much smaller as well. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. DHFL Pramerica Midcap is significantly underperforming DOW.
DHFL Pramerica Price Density
|Alpha over DOW||=||0.09|
|Beta against DOW||=||0.16|