HDFC TaxSaver (India) Probability of Target Price Finishing Over Current Price |
HDFCTAXSAVER -- India Fund | INR 56.41 1.46 2.52% |
Horizon | 30 Days Login to change |
Symbol: | Refresh Odds |
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 |
α | Alpha over DOW | = | 0.05 | |
β | Beta against DOW | = | 0.13 | |
σ | Overall volatility | = | 27.12 | |
Ir | Information ratio | = | 0.72 |
HDFC TaxSaver Technical Analysis
Cycle Indicators | |
Math Operators | |
Math Transform | |
Momentum Indicators | |
Overlap Studies | |
Pattern Recognition | |
Price Transform | |
Statistic Functions | |
Volatility Indicators | |
Volume Indicators |
HDFC TaxSaver Predictive Forecast Models
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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