HDFC ST (India) Probability of Target Price Finishing Over Current Price

    F00000UN22 -- India Fund  

    INR 13.34  0.00  0.00%

    HDFC ST probability of target price tool provides mechanism to make assumptions about upside and downside potential of HDFC ST Plan Reg Normal Div performance during a given time horizon utilizing its historical volatility. Please specify HDFC ST time horizon, a valid symbol (red box) and a target price (blue box) you would like HDFC ST odds to be computed. Additionally see Investing Opportunities.
    Horizon     30 Days    Login   to change
    Symbol:
    Refresh Odds

    HDFC ST Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     13.34 30 days 13.34  ABOUT 16.46%
    Based on normal probability distribution, the odds of HDFC ST to move above current price in 30 days from now is about 16.46% (This HDFC ST Plan Reg Normal Div probability density function shows the probability of HDFC ST Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, HDFC ST has beta of 0.0557 suggesting as returns on market go up, HDFC ST average returns are expected to increase less than the benchmark. However during bear market, the loss on holding HDFC ST Plan Reg Normal Div will be expected to be much smaller as well. Additionally HDFC ST Plan Reg Normal Div has an alpha of 0.1168 implying that it can potentially generate 0.1168% excess return over DOW after adjusting for the inherited market risk (beta).
     HDFC ST Price Density 
          Price 
    α
    Alpha over DOW
    =0.12
    β
    Beta against DOW=0.06
    σ
    Overall volatility
    =0.17
    Ir
    Information ratio =0.38

    HDFC ST Alerts

    HDFC ST Alerts and Suggestions

    HDFC ST Plan is not yet fully synchronised with the market data
    Additionally see Investing Opportunities. Please also try Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
    Search macroaxis.com