|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 1,198 ||30 days|| 1,198 || ABOUT 35.24%|
Based on normal probability distribution, the odds of Franklin India to move above current price in 30 days from now is about 35.24% (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 -0.0228 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 Franklin India ST Income Mn Div has an alpha of 0.0291 implying that it can potentially generate 0.0291% excess return over DOW after adjusting for the inherited market risk (beta).
Franklin India Price Density