|Horizon||30 Days Login to change|
HDFC MIP Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|13.78||30 days||13.78||ABOUT 47.39%|
Based on normal probability distribution, the odds of HDFC MIP to move above current price in 30 days from now is about 47.39% (This HDFC MIP LT Qt Div probability density function shows the probability of HDFC MIP Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, HDFC MIP LT Qt Div has beta of -0.2789 suggesting as returns on benchmark increase, returns on holding HDFC MIP are expected to decrease at a much smaller rate. During bear market, however, HDFC MIP LT Qt Div is likely to outperform the market. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. HDFC MIP LT is significantly underperforming DOW.
HDFC MIP Price Density
|Alpha over DOW||=||0.18|
|Beta against DOW||=||0.28|