JM Balanced (India) Probability of Target Price Finishing Over Current Price

    F00000V5UM -- India Fund  

    INR 48.03  0.24  0.50%

    JM Balanced probability of target price tool provides mechanism to make assumptions about upside and downside potential of JM Balanced Dir HY Bns Princ performance during a given time horizon utilizing its historical volatility. Please specify JM Balanced time horizon, a valid symbol (red box) and a target price (blue box) you would like JM Balanced odds to be computed. Additionally see Investing Opportunities.
    Horizon     30 Days    Login   to change
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    JM Balanced Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     48.03 30 days 48.03  ABOUT 32.3%
    Based on normal probability distribution, the odds of JM Balanced to move above current price in 30 days from now is about 32.3% (This JM Balanced Dir HY Bns Princ probability density function shows the probability of JM Balanced Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, JM Balanced has beta of 0.116 suggesting as returns on market go up, JM Balanced average returns are expected to increase less than the benchmark. However during bear market, the loss on holding JM Balanced Dir HY Bns Princ will be expected to be much smaller as well. Additionally JM Balanced Dir HY Bns Princ has an alpha of 0.1029 implying that it can potentially generate 0.1029% excess return over DOW after adjusting for the inherited market risk (beta).
     JM Balanced Price Density 
          Price 
    α
    Alpha over DOW
    =0.10
    β
    Beta against DOW=0.12
    σ
    Overall volatility
    =21.25
    Ir
    Information ratio =0.41

    JM Balanced Alerts

    JM Balanced Alerts and Suggestions

    JM Balanced Dir is not yet fully synchronised with the market data
    The fund retains about 30.25% of its assets under management (AUM) in cash

    Price Density Drivers

    JM Balanced Health Indicators

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