INGGLOBALREA (India) Probability of Target Price Finishing Over Current Price

    INGGLOBALREA -- India Fund  

    INR 17.73  0.01  0.06%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     17.73 30 days 17.73  NEARLY 4.01%
    Based on normal probability distribution, the odds of INGGLOBALREA to move above current price in 30 days from now is nearly 4.01% (This INGGLOBALREA probability density function shows the probability of INGGLOBALREA Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, INGGLOBALREA has beta of 0.009 . This indicates as returns on market go up, INGGLOBALREA average returns are expected to increase less than the benchmark. However during bear market, the loss on holding INGGLOBALREA will be expected to be much smaller as well. Additionally INGGLOBALREA has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     INGGLOBALREA Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.008
    β
    Beta against DOW=0.009
    σ
    Overall volatility
    =7.75
    Ir
    Information ratio =11.36

    INGGLOBALREA Alerts

    INGGLOBALREA Alerts and Suggestions

    INGGLOBALREA generates negative expected return over the last 30 days

    Price Density Drivers

    INGGLOBALREA Health Indicators

    Please also check Risk vs Return Analysis. Please also try Bollinger Bands module to use bollinger bands indicator to analyze target price for a given investing horizon.
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