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

    FTINDIALIFES -- India Fund  

    INR 31.27  0.40  1.30%

    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
     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 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.05
    β
    Beta against DOW=0.64
    σ
    Overall volatility
    =11.13
    Ir
    Information ratio =0.26

    Franklin India Alerts

    Franklin India Alerts and Suggestions

    The fund retains about 7.28% of its assets under management (AUM) in cash
    Additionally see Investing Opportunities. Please also try Fundamentals Matrix module to view fundamentals matrix and analyze how accounts are interrelated and interconnected with each other.
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