|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 10.85 ||30 days|| 10.85 || ROUGHLY 2.11%|
Based on normal probability distribution, the odds of IDFC UST to move above current price in 30 days from now is roughly 2.11% (This IDFC UST Reg Qtr Div probability density function shows the probability of IDFC UST Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, IDFC UST Reg Qtr Div has beta of -0.1071 . This indicates as returns on benchmark increase, returns on holding IDFC UST are expected to decrease at a much smaller rate. During bear market, however, IDFC UST Reg Qtr Div is likely to outperform the market. Additionally IDFC UST Reg Qtr Div has an alpha of 0.0324 implying that it can potentially generate 0.0324% excess return over DOW after adjusting for the inherited market risk (beta).
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