HDFC TaxSaver (India) Probability of Target Price Finishing Over Current Price

    HDFCTAXSAVER -- India Fund  

    INR 56.41  1.46  2.52%

    HDFC TaxSaver probability of target price tool provides mechanism to make assumptions about upside and downside potential of HDFC TaxSaver Div performance during a given time horizon utilizing its historical volatility. Please specify HDFC TaxSaver time horizon, a valid symbol (red box) and a target price (blue box) you would like HDFC TaxSaver odds to be computed. Please also check Risk vs Return Analysis.
    Horizon     30 Days    Login   to change
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    HDFC TaxSaver Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds 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 
          Price 
    α
    Alpha over DOW
    =0.05
    β
    Beta against DOW=0.13
    σ
    Overall volatility
    =27.12
    Ir
    Information ratio =0.72

    HDFC TaxSaver Alerts

    HDFC TaxSaver Alerts and Suggestions

    HDFC TaxSaver Div is not yet fully synchronised with the market data
    The fund generated three year return of -4.0%
    HDFC TaxSaver Div retains 97.47% of its assets under management (AUM) in equities

    Price Density Drivers

    HDFC TaxSaver Health Indicators

    Please also check Risk vs Return Analysis. Please also try Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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