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   
    α
    Alpha over DOW
    =0.0041
    β
    Beta against DOW=0.01
    σ
    Overall volatility
    =2.98
    Ir
    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.
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