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  UNDER 4%
    Based on normal probability distribution, the odds of HDFC ST to move above current price in 30 days from now is under 4% (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 -0.014 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 HDFC ST Plan Reg Normal Div has an alpha of 0.1123 implying that it can potentially generate 0.1123% excess return over DOW after adjusting for the inherited market risk (beta).
     HDFC ST Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.11
    β
    Beta against DOW=0.01
    σ
    Overall volatility
    =0.14
    Ir
    Information ratio =0.037845

    HDFC ST Alerts

    HDFC ST Alerts and Suggestions

    HDFC ST Plan generates negative expected return over the last 30 days
    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