HDFC MIP (India) Probability of Target Price Finishing Over Current Price

    F0GBR06RO2 -- India Fund  

    INR 13.78  0.10  0.01%

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

    Current PriceHorizonTarget PriceOdds 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 
          Price 
    α
    Alpha over DOW
    =0.18
    β
    Beta against DOW=0.28
    σ
    Overall volatility
    =4.33
    Ir
    Information ratio =0.12

    HDFC MIP Alerts

    HDFC MIP Alerts and Suggestions

    HDFC MIP LT is not yet fully synchronised with the market data
    HDFC MIP LT generates negative expected return over the last 30 days
    The fund retains about 71.96% of its assets under management (AUM) in fixed income securities

    Price Density Drivers

    HDFC MIP Health Indicators

    Additionally see Investing Opportunities. Please also try World Markets Correlation module to find global opportunities by holding instruments from different markets.
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