IDFC Money (India) Probability of Target Price Finishing Over Current Price |
| F0GBR06SJW -- India Fund | INR 10.13 0.00 0.00% |
IDFC Money probability of target price tool provides mechanism to make assumptions about upside and downside potential of IDFC Money Mgr Trs Reg Wk Div performance during a given time horizon utilizing its historical volatility. Please specify IDFC Money time horizon, a valid symbol (red box) and a target price (blue box) you would like IDFC Money odds to be computed. Additionally see Investing Opportunities.
| Horizon | 30 Days Login to change |
| Symbol: | Refresh Odds |
IDFC Money Target Price Odds to finish over
| Current Price | Horizon | Target Price | Odds to move above current price in 30 days |
| 10.13 | 30 days | 10.13 | ABOUT 37.77% |
Based on normal probability distribution, the odds of IDFC Money to move above current price in 30 days from now is about 37.77% (This IDFC Money Mgr Trs Reg Wk Div probability density function shows the probability of IDFC Money Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, IDFC Money Mgr Trs Reg Wk Div has beta of -0.0108 suggesting as returns on benchmark increase, returns on holding IDFC Money are expected to decrease at a much smaller rate. During bear market, however, IDFC Money Mgr Trs Reg Wk Div is likely to outperform the market. Additionally IDFC Money Mgr Trs Reg Wk Div has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW IDFC Money Price Density |
α | Alpha over DOW | = | 0.0041 | |
β | Beta against DOW | = | 0.01 | |
σ | Overall volatility | = | 2.98 | |
Ir | Information ratio | = | 1.55 |
IDFC Money Technical Analysis
IDFC Money Predictive Forecast Models
IDFC Money Alerts
IDFC Money Alerts and Suggestions
| IDFC Money Mgr generates negative expected return over the last 30 days | |
| The fund retains about 57.47% of its assets under management (AUM) in cash |
Additionally see Investing Opportunities. Please also try ETF Directory module to find actively-traded exchange traded funds (etf) from around the world.
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