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

    F00000ULCF -- India Fund  

    INR 11.26  0.04  0.35%

    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
     11.26 30 days 11.26  ABOUT 42.2%
    Based on normal probability distribution, the odds of Kotak Equity to move above current price in 30 days from now is about 42.2% (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 0.052 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 The company has a negative alpha implying that the risk taken by holding this equity is not justified. Kotak Equity Savings is significantly underperforming DOW.
     Kotak Equity Price Density 
          Price 
    α
    Alpha over DOW
    =0.0007
    β
    Beta against DOW=0.05
    σ
    Overall volatility
    =2.38
    Ir
    Information ratio =0.004666

    Kotak Equity Alerts and Suggestions

    Kotak Equity Savings is not yet fully synchronised with the market data
    The fund retains about 43.74% of its assets under management (AUM) in cash

    Kotak EquityPrice Density Drivers

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