|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 1,493 ||30 days|| 1,493 || ABOUT 68.2%|
Based on normal probability distribution, the odds of IndusInd Bank to move above current price in 30 days from now is about 68.2% (This IndusInd Bank Limited probability density function shows the probability of IndusInd Bank Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, IndusInd Bank Limited has beta of -0.7889 . This indicates as returns on benchmark increase, returns on holding IndusInd Bank are expected to decrease at a much smaller rate. During bear market, however, IndusInd Bank Limited is likely to outperform the market. Additionally IndusInd Bank Limited has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
IndusInd Bank Price Density