IDFC UST (India) Probability of Target Price Finishing Over Current Price

    IDFCUSTQTDIV -- India Fund  

    INR 10.86  0.00  0.00%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     10.86 30 days 10.86  NEARLY 4.19%
    Based on normal probability distribution, the odds of IDFC UST to move above current price in 30 days from now is nearly 4.19% (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 -0.0169 . 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 0.0226 implying that it can potentially generate 0.0226% excess return over DOW after adjusting for the inherited market risk (beta).
     IDFC UST Price Density 
          Price 
    α
    Alpha over DOW
    =0.022608
    β
    Beta against DOW=0.02
    σ
    Overall volatility
    =0.05
    Ir
    Information ratio =0.81

    IDFC UST Alerts

    IDFC UST Alerts and Suggestions

    IDFC UST Reg is not yet fully synchronised with the market data
    The fund retains about 57.74% of its assets under management (AUM) in cash
    Please also check Risk vs Return Analysis. Please also try Price Transformation module to use price transformation models to analyze depth of different equity instruments across global markets.
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