ICICI Pru (India) Probability of Target Price Finishing Over Current Price

    ICICIPRUMIP2 -- India Fund  

    INR 12.56  0.00  0.00%

    ICICI Pru probability of target price tool provides mechanism to make assumptions about upside and downside potential of ICICI Pru MIP 25 HY Div performance during a given time horizon utilizing its historical volatility. Please specify ICICI Pru time horizon, a valid symbol (red box) and a target price (blue box) you would like ICICI Pru odds to be computed. Please also check Risk vs Return Analysis.
    Horizon     30 Days    Login   to change
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    ICICI Pru Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     12.56 30 days 12.56  ABOUT 28.37%
    Based on normal probability distribution, the odds of ICICI Pru to move above current price in 30 days from now is about 28.37% (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 has beta of 0.3298 . This indicates as returns on market go up, ICICI Pru average returns are expected to increase less than the benchmark. However during bear market, the loss on holding ICICI Pru MIP 25 HY Div will be expected to be much smaller as well. Additionally ICICI Pru MIP 25 HY Div has an alpha of 0.0224 implying that it can potentially generate 0.0224% excess return over DOW after adjusting for the inherited market risk (beta).
     ICICI Pru Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.022359
    β
    Beta against DOW=0.33
    σ
    Overall volatility
    =5.29
    Ir
    Information ratio =0.12

    ICICI Pru Alerts

    ICICI Pru Alerts and Suggestions

    The fund retains about 20.37% of its assets under management (AUM) in cash
    Please also check Risk vs Return Analysis. Please also try Transaction History module to view history of all your transactions and understand their impact on performance.
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