|Horizon||30 Days Login to change|
Franklin India Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|1,219||30 days||1,219||ABOUT 37.69%|
Based on normal probability distribution, the odds of Franklin India to move above current price in 30 days from now is about 37.69% (This Franklin India ST Income Mn Div probability density function shows the probability of Franklin India Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, Franklin India ST Income Mn Div has beta of -0.0055 suggesting as returns on benchmark increase, returns on holding Franklin India are expected to decrease at a much smaller rate. During bear market, however, Franklin India ST Income Mn Div is likely to outperform the market. Additionally The company has an alpha of 5.0E-4 implying that it can potentially generate 5.0E-4% excess return over DOW after adjusting for the inherited market risk (beta).
Franklin India Price Density
|Alpha over DOW||=||0.00054302|
|Beta against DOW||=||0.0055|