Birla Sun (India) Probability of Target Price Finishing Over Current Price

    INF209K01751 -- India Fund  

    INR 37.66  0.70  1.82%

    Birla Sun probability of target price tool provides mechanism to make assumptions about upside and downside potential of Birla Sun Life MIP II Wlth 25 Reg Gr performance during a given time horizon utilizing its historical volatility. Please specify Birla Sun time horizon, a valid symbol (red box) and a target price (blue box) you would like Birla Sun odds to be computed. Please also check Risk vs Return Analysis.
    Horizon     30 Days    Login   to change
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    Birla Sun Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     37.66 30 days 37.66  ROUGHLY 2.1%
    Based on normal probability distribution, the odds of Birla Sun to move above current price in 30 days from now is roughly 2.1% (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 has beta of 0.056 . This indicates as returns on market go up, Birla Sun average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Birla Sun Life MIP II Wlth 25 Reg Gr will be expected to be much smaller as well. Additionally Birla Sun Life MIP II Wlth 25 Reg Gr has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Birla Sun Price Density 
          Price 
    α
    Alpha over DOW
    =0.03
    β
    Beta against DOW=0.06
    σ
    Overall volatility
    =15.10
    Ir
    Information ratio =0.23

    Birla Sun Alerts

    Birla Sun Alerts and Suggestions

    Birla Sun Life is not yet fully synchronised with the market data
    The fund retains about 9.5% of its assets under management (AUM) in cash
    Please also check Risk vs Return Analysis. Please also try Idea Breakdown module to analyze constituents of all macroaxis ideas. macroaxis investment ideas are predefined, sector-focused investing themes.
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