|Horizon||30 Days Login to change|
HDFC TaxSaver Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|56.41||30 days||56.41||ABOUT 7.49%|
Based on normal probability distribution, the odds of HDFC TaxSaver to move above current price in 30 days from now is about 7.49% (This HDFC TaxSaver Div probability density function shows the probability of HDFC TaxSaver Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, HDFC TaxSaver Div has beta of -0.1272 . This indicates as returns on benchmark increase, returns on holding HDFC TaxSaver are expected to decrease at a much smaller rate. During bear market, however, HDFC TaxSaver Div is likely to outperform the market. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. HDFC TaxSaver Div is significantly underperforming DOW.
HDFC TaxSaver Price Density
|Alpha over DOW||=||0.05|
|Beta against DOW||=||0.13|