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

F00000SC5U -- India Fund  

INR 18.12  0.56  3.00%

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
 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 
      Price 
α
Alpha over DOW
=0.09
β
Beta against DOW=0.16
σ
Overall volatility
=7.21
Ir
Information ratio =0.05

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

Price Density Drivers

DHFL Pramerica Health Indicators

Additionally see Investing Opportunities. Please also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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