Kotak Equity (India) Probability of Target Price Finishing Over Current Price

F00000ULCF -- India Fund  

INR 11.36  0.01  0.09%

Kotak Equity probability of target price tool provides mechanism to make assumptions about upside and downside potential of Kotak Equity Savings Reg Mn Div performance during a given time horizon utilizing its historical volatility. Please specify Kotak Equity time horizon, a valid symbol (red box) and a target price (blue box) you would like Kotak Equity odds to be computed. Additionally see Investing Opportunities.
Horizon     30 Days    Login   to change
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Kotak Equity Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 11.36 30 days 11.36  ABOUT 45.76%
Based on normal probability distribution, the odds of Kotak Equity to move above current price in 30 days from now is about 45.76% (This Kotak Equity Savings Reg Mn Div probability density function shows the probability of Kotak Equity Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Kotak Equity has beta of 0.12 suggesting as returns on market go up, Kotak Equity average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Kotak Equity Savings Reg Mn Div will be expected to be much smaller as well. Additionally Kotak Equity Savings Reg Mn Div has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Kotak Equity Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.0023
β
Beta against DOW=0.12
σ
Overall volatility
=0.07
Ir
Information ratio =0.4

Kotak Equity Alerts

Kotak Equity Alerts and Suggestions

Kotak Equity Savings generates negative expected return over the last 30 days
Latest headline from www.postanalyst.com: Digest A Stepping Up in Volatility Infosys Limited , Conagra Brands, Inc.
The fund retains about 49.73% of its assets under management (AUM) in cash
Additionally see Investing Opportunities. Please also try Portfolio Manager module to state of the art portfolio manager to monitor and improve performance of your invested capital.
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