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

    F00000TGU6 -- India Fund  

    INR 9.34  0.001  0.0107%

    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
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    Franklin Ind Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     9.34 30 days 9.34  ABOUT 20.06%
    Based on normal probability distribution, the odds of Franklin Ind to move above current price in 30 days from now is about 20.06% (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 Feeder Frank Eur Gr Div has beta of -0.1281 suggesting as returns on benchmark increase, returns on holding Franklin Ind are expected to decrease at a much smaller rate. During bear market, however, Franklin Ind Feeder Frank Eur Gr Div is likely to outperform the market. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Franklin Ind Feeder is significantly underperforming DOW.
     Franklin Ind Price Density 
    Alpha over DOW
    Beta against DOW=0.13
    Overall volatility
    Information ratio =0.13

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    Franklin Ind Feeder is not yet fully synchronised with the market data
    The fund retains 97.26% of its assets under management (AUM) in equities

    Price Density Drivers

    Franklin Ind Health Indicators

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