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
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    IDFC Money Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds 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 
    Current Price   Target Price   
    Alpha over DOW
    Beta against DOW=0.01
    Overall volatility
    Information ratio =1.55

    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.