Franklin India (India) Probability of Target Price Finishing Over Current Price

    FTINDIALIFES -- India Fund  

    INR 27.79  0.28  1.00%

    Franklin India probability of target price tool provides mechanism to make assumptions about upside and downside potential of Franklin India LS FOF 20s Div performance during a given time horizon utilizing its historical volatility. Please specify Franklin India time horizon, a valid symbol (red box) and a target price (blue box) you would like Franklin India odds to be computed. Additionally see Investing Opportunities.
    Horizon     30 Days    Login   to change
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    Franklin India Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds 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 
          Price 
    α
    Alpha over DOW
    =0.47
    β
    Beta against DOW=0.16
    σ
    Overall volatility
    =0.82
    Ir
    Information ratio =0.38

    Franklin India Alerts

    Franklin India Alerts and Suggestions

    Franklin India LS is not yet fully synchronised with the market data
    The fund retains about 7.28% of its assets under management (AUM) in cash

    Price Density Drivers

    Franklin India Health Indicators

    Additionally see Investing Opportunities. Please also try Balance Of Power module to check stock momentum by analyzing balance of power indicator and other technical ratios.
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