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

    F00000TGU8 -- India Fund  

    INR 11.22  0.26  2.26%

    Franklin Ind probability of target price tool provides mechanism to make assumptions about upside and downside potential of Franklin Ind Feeder Frank Eur Gr Dir Gr 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
     11.22 30 days 11.22  NEARLY 4.34%
    Based on normal probability distribution, the odds of Franklin Ind to move above current price in 30 days from now is nearly 4.34% (This Franklin Ind Feeder Frank Eur Gr Dir Gr 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 0.2295 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 Dir Gr will be expected to be much smaller as well. Additionally Franklin Ind Feeder Frank Eur Gr Dir Gr has an alpha of 0.1446 implying that it can potentially generate 0.1446% excess return over DOW after adjusting for the inherited market risk (beta).
     Franklin Ind Price Density 
          Price 
    α
    Alpha over DOW
    =0.14
    β
    Beta against DOW=0.23
    σ
    Overall volatility
    =0.19
    Ir
    Information ratio =0.12

    Franklin Ind Alerts

    Franklin Ind Alerts and Suggestions

    Franklin Ind Feeder is not yet fully synchronised with the market data
    The fund retains 96.5% of its assets under management (AUM) in equities

    Price Density Drivers

    Franklin Ind Health Indicators

    Additionally see Investing Opportunities. Please also try Pattern Recognition module to use different pattern recognition models to time the market across multiple global exchanges.
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