|Horizon||30 Days Login to change|
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 41.37%|
Based on normal probability distribution, the odds of IDFC Money to move above current price in 30 days from now is about 41.37% (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 has beta of 0.0064 suggesting as returns on market go up, IDFC Money average returns are expected to increase less than the benchmark. However during bear market, the loss on holding IDFC Money Mgr Trs Reg Wk Div will be expected to be much smaller as well. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. IDFC Money Mgr is significantly underperforming DOW.
IDFC Money Price Density
|Alpha over DOW||=||0.0078|
|Beta against DOW||=||0.0064|