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

    F00000TGU8 -- India Fund  

    INR 11.35  0.05  0.44%

    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
     11.35 30 days 11.35  NEAR 1%
    Based on normal probability distribution, the odds of Franklin Ind to move above current price in 30 days from now is near 1% (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 Feeder Frank Eur Gr Dir Gr has beta of -0.1675 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 Dir Gr is likely to outperform the market. Additionally Franklin Ind Feeder Frank Eur Gr Dir Gr has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Franklin Ind Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.01
    β
    Beta against DOW=0.17
    σ
    Overall volatility
    =0.13
    Ir
    Information ratio =0.2

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    The fund retains 96.5% of its assets under management (AUM) in equities

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