BNP Paribas (India) Probability of Target Price Finishing Over Current Price

    F0GBR06S4S -- India Fund  

    INR 10.03  0.00  0.00%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     10.03 30 days 10.03  ABOUT 37.8%
    Based on normal probability distribution, the odds of BNP Paribas to move above current price in 30 days from now is about 37.8% (This BNP Paribas ST Income Dl Div probability density function shows the probability of BNP Paribas Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, BNP Paribas ST Income Dl Div has beta of -0.0149 suggesting as returns on benchmark increase, returns on holding BNP Paribas are expected to decrease at a much smaller rate. During bear market, however, BNP Paribas ST Income Dl Div is likely to outperform the market. Additionally BNP Paribas ST Income Dl Div has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     BNP Paribas Price Density 
          Price 
    α
    Alpha over DOW
    =0.0008
    β
    Beta against DOW=0.01
    σ
    Overall volatility
    =2.95
    Ir
    Information ratio =0.03

    BNP Paribas Alerts

    BNP Paribas Alerts and Suggestions

    BNP Paribas ST is not yet fully synchronised with the market data
    The fund retains about 53.89% of its assets under management (AUM) in cash

    Price Density Drivers

    BNP Paribas Health Indicators

    Additionally see Investing Opportunities. Please also try Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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