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 41.26%
    Based on normal probability distribution, the odds of BNP Paribas to move above current price in 30 days from now is about 41.26% (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 -0.0198 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 The company has a negative alpha implying that the risk taken by holding this equity is not justified. BNP Paribas ST is significantly underperforming DOW.
     BNP Paribas Price Density 
          Price 
    α
    Alpha over DOW
    =0.0039
    β
    Beta against DOW=0.02
    σ
    Overall volatility
    =2.11
    Ir
    Information ratio =0.68

    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

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