|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 31.27 ||30 days|| 31.27 || ABOUT 36.39%|
Based on normal probability distribution, the odds of Franklin India to move above current price in 30 days from now is about 36.39% (This Franklin India LS FOF 20s Div probability density function shows the probability of Franklin India Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Franklin India LS FOF 20s Div has beta of -0.636 suggesting as returns on benchmark increase, returns on holding Franklin India are expected to decrease at a much smaller rate. During bear market, however, Franklin India LS FOF 20s Div is likely to outperform the market. Additionally Franklin India LS FOF 20s Div has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Franklin India Price Density
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|Current Price || ||Target Price || |