|Horizon||30 Days Login to change|
Invesco India Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|1,536||30 days||1,536||ABOUT 34.65%|
Based on normal probability distribution, the odds of Invesco India to move above current price in 30 days from now is about 34.65% (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 has beta of 0.0025 . This indicates as returns on market go up, Invesco India average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Invesco India Bank Debt Dir Gr will be expected to be much smaller as well. Additionally The company has an alpha of 0.0894 implying that it can potentially generate 0.0894% excess return over DOW after adjusting for the inherited market risk (beta).
Invesco India Price Density
|Alpha over DOW||=||0.09|
|Beta against DOW||=||0.0025|