|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 1,531 ||30 days|| 1,531 || ABOUT 30.89%|
Based on normal probability distribution, the odds of Invesco India to move above current price in 30 days from now is about 30.89% (This Invesco India Bank Debt Dir Gr probability density function shows the probability of Invesco India Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Invesco India Bank Debt Dir Gr has beta of -0.0232 . This indicates as returns on benchmark increase, returns on holding Invesco India are expected to decrease at a much smaller rate. During bear market, however, Invesco India Bank Debt Dir Gr is likely to outperform the market. Additionally Invesco India Bank Debt Dir Gr has an alpha of 0.0744 implying that it can potentially generate 0.0744% excess return over DOW after adjusting for the inherited market risk (beta).
Invesco India Price Density
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|Current Price || ||Target Price || |