|Horizon||30 Days Login to change|
HDFC ST Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|13.34||30 days||13.34||ABOUT 37.76%|
Based on normal probability distribution, the odds of HDFC ST to move above current price in 30 days from now is about 37.76% (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 Plan Reg Normal Div has beta of -0.0059 suggesting as returns on benchmark increase, returns on holding HDFC ST are expected to decrease at a much smaller rate. During bear market, however, HDFC ST Plan Reg Normal Div is likely to outperform the market. Additionally The company has an alpha of 0.0592 implying that it can potentially generate 0.0592% excess return over DOW after adjusting for the inherited market risk (beta).
HDFC ST Price Density
|Alpha over DOW||=||0.06|
|Beta against DOW||=||0.0059|