|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 17.32 ||30 days|| 17.32 || ABOUT 12.33%|
Based on normal probability distribution, the odds of India First to move above current price in 30 days from now is about 12.33% (This India First Life Debt 1 probability density function shows the probability of India First Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, India First Life Debt 1 has beta of -0.0829 . This indicates as returns on benchmark increase, returns on holding India First are expected to decrease at a much smaller rate. During bear market, however, India First Life Debt 1 is likely to outperform the market. Additionally India First Life Debt 1 has an alpha of 0.0212 implying that it can potentially generate 0.0212% excess return over DOW after adjusting for the inherited market risk (beta).
India First Price Density
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|Current Price || ||Target Price || |