|Horizon||30 Days Login to change|
UTI India Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|12.78||30 days||12.78||ABOUT 23.6%|
Based on normal probability distribution, the odds of UTI India to move above current price in 30 days from now is about 23.6% (This UTI India Dynamic Equity EUR probability density function shows the probability of UTI India Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, UTI India Dynamic Equity EUR has beta of -0.1193 . This indicates as returns on benchmark increase, returns on holding UTI India are expected to decrease at a much smaller rate. During bear market, however, UTI India Dynamic Equity EUR is likely to outperform the market. Additionally The company has an alpha of 0.062 implying that it can potentially generate 0.062% excess return over DOW after adjusting for the inherited market risk (beta).
UTI India Price Density
|Alpha over DOW||=||0.06|
|Beta against DOW||=||0.12|