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

F00000ULCF -- India Fund  

INR 10.96  0.06  0.54%

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
 10.96 30 days 10.96  CLOSE TO 99%
Based on normal probability distribution, the odds of Kotak Equity to move above current price in 30 days from now is close to 99% (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 0.0581 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 
      Price 
α
Alpha over DOW
=0.04
β
Beta against DOW=0.06
σ
Overall volatility
=0.08
Ir
Information ratio =0.47

Kotak Equity Alerts

Kotak Equity Alerts and Suggestions

Kotak Equity Savings is not yet fully synchronised with the market data
The fund retains about 49.73% of its assets under management (AUM) in cash

Price Density Drivers

Kotak Equity Health Indicators

Additionally see Investing Opportunities. Please also try Fundamentals Matrix module to view fundamentals matrix and analyze how accounts are interrelated and interconnected with each other.
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