|Horizon||30 Days Login to change|
Birla Sun Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|37.66||30 days||37.66||ABOUT 21.63%|
Based on normal probability distribution, the odds of Birla Sun to move above current price in 30 days from now is about 21.63% (This Birla Sun Life MIP II Wlth 25 Reg Gr probability density function shows the probability of Birla Sun Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, Birla Sun Life MIP II Wlth 25 Reg Gr has beta of -0.0093 . This indicates as returns on benchmark increase, returns on holding Birla Sun are expected to decrease at a much smaller rate. During bear market, however, Birla Sun Life MIP II Wlth 25 Reg Gr is likely to outperform the market. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Birla Sun Life is significantly underperforming DOW.
Birla Sun Price Density
|Alpha over DOW||=||0.04|
|Beta against DOW||=||0.0093|