|Current Price||Horizon||Target Price||Odds 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