Franklin India (India) Probability of Target Price Finishing Over Current Price

    F0GBR06RHH -- India Fund  

    INR 1,212  9.67  0.80%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     1,212 30 days 1,212  ABOUT 34.0%
    Based on normal probability distribution, the odds of Franklin India to move above current price in 30 days from now is about 34.0% (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 -0.0714 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 0.0135 implying that it can potentially generate 0.0135% excess return over DOW after adjusting for the inherited market risk (beta).
     Franklin India Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.013479
    β
    Beta against DOW=0.07
    σ
    Overall volatility
    =422.02
    Ir
    Information ratio =0.61

    Franklin India Alerts

    Franklin India Alerts and Suggestions

    The fund retains about 13.01% of its assets under management (AUM) in cash
    Additionally see Investing Opportunities. Please also try Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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