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 
          Price 
    α
    Alpha over DOW
    =0.07
    β
    Beta against DOW=0.13
    σ
    Overall volatility
    =0.29
    Ir
    Information ratio =0.13

    Franklin Ind Alerts

    Franklin Ind Alerts and Suggestions

    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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