|Horizon||30 Days Login to change|
Franklin India Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|27.79||30 days||27.79||CLOSE TO 99%|
Based on normal probability distribution, the odds of Franklin India to move above current price in 30 days from now is close to 99% (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 has beta of 0.161 suggesting as returns on market go up, Franklin India average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Franklin India LS FOF 20s 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. Franklin India LS is significantly underperforming DOW.
Franklin India Price Density
|Alpha over DOW||=||0.47|
|Beta against DOW||=||0.16|