ICICI Pru (India) Probability of Target Price Finishing Over Current Price

    F0GBR06R0M -- India Fund  

    INR 10.88  0.03  0.28%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     10.88 30 days 10.88  ABOUT 1.37%
    Based on normal probability distribution, the odds of ICICI Pru to move above current price in 30 days from now is about 1.37% (This ICICI Pru LT Plan Wk Div probability density function shows the probability of ICICI Pru Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, ICICI Pru LT Plan Wk Div has beta of -0.0366 suggesting as returns on benchmark increase, returns on holding ICICI Pru are expected to decrease at a much smaller rate. During bear market, however, ICICI Pru LT Plan Wk Div is likely to outperform the market. Additionally The company has an alpha of 0.0165 implying that it can potentially generate 0.0165% excess return over DOW after adjusting for the inherited market risk (beta).
     ICICI Pru Price Density 
    Alpha over DOW
    Beta against DOW=0.04
    Overall volatility
    Information ratio =0.31

    ICICI Pru Alerts and Suggestions

    ICICI Pru LT is not yet fully synchronised with the market data
    The fund retains about 14.83% of its assets under management (AUM) in cash

    ICICI PruPrice Density Drivers

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