Franklin Ind (India) Probability of Target Price Finishing Over Current Price

    F00000TGU6 -- India Fund  

     10.30  0.08  0.78%

    Franklin Ind probability of target price tool provides mechanism to make assumptions about upside and downside potential of Franklin Ind Feeder Frank Eur Gr Div performance during a given time horizon utilizing its historical volatility. Please specify Franklin Ind time horizon, a valid symbol (red box) and a target price (blue box) you would like Franklin Ind odds to be computed. Additionally see Investing Opportunities.
    Horizon     30 Days    Login   to change
    Symbol:
    Refresh Odds

    Franklin Ind Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     10.30 30 days 10.30  ROUGHLY 2.95%
    Based on normal probability distribution, the odds of Franklin Ind to move above current price in 30 days from now is roughly 2.95% (This Franklin Ind Feeder Frank Eur Gr Div probability density function shows the probability of Franklin Ind Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Franklin Ind has beta of 0.3326 suggesting as returns on market go up, Franklin Ind average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Franklin Ind Feeder Frank Eur Gr Div will be expected to be much smaller as well. Additionally Franklin Ind Feeder Frank Eur Gr Div has an alpha of 0.2058 implying that it can potentially generate 0.2058% excess return over DOW after adjusting for the inherited market risk (beta).
     Franklin Ind Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.21
    β
    Beta against DOW=0.33
    σ
    Overall volatility
    =0.15
    Ir
    Information ratio =0.28

    Current Sentiment - F00000TGU6

    Franklin Ind Feeder Investor Sentiment

    Macroaxis portfolio users are insensible in their opinion about investing in Franklin Ind Feeder Frank Eur Gr Div. What is your opinion about investing in Franklin Ind Feeder Frank Eur Gr Div? Are you bullish or bearish?
    Bullish
    Bearish
    50% Bullish
    50% Bearish
    Skip
    Additionally see Investing Opportunities. Please also try CEO Directory module to screen ceos from public companies around the world.
    Search macroaxis.com