|Horizon||30 Days Login to change|
ICICI Pru Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|12.02||30 days||12.02||ABOUT 39.24%|
Based on normal probability distribution, the odds of ICICI Pru to move above current price in 30 days from now is about 39.24% (This ICICI Pru MIP 25 HY Div probability density function shows the probability of ICICI Pru Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, ICICI Pru MIP 25 HY Div has beta of -0.0152 . This indicates as returns on benchmark increase, returns on holding ICICI Pru are expected to decrease at a much smaller rate. During bear market, however, ICICI Pru MIP 25 HY Div is likely to outperform the market. Additionally ICICI Pru MIP 25 HY Div has an alpha of 0.0213 implying that it can potentially generate 0.0213% excess return over DOW after adjusting for the inherited market risk (beta).
ICICI Pru Price Density
|Alpha over DOW||=||0.021336|
|Beta against DOW||=||0.02|