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  ABOUT 7.59%
    Based on normal probability distribution, the odds of INGGLOBALREA to move above current price in 30 days from now is about 7.59% (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 -0.0022 . This indicates as returns on benchmark increase, returns on holding INGGLOBALREA are expected to decrease at a much smaller rate. During bear market, however, INGGLOBALREA is likely to outperform the market. 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 
          Price 
    α
    Alpha over DOW
    =0.0072
    β
    Beta against DOW=0.0022
    σ
    Overall volatility
    =8.47
    Ir
    Information ratio =5.42

    INGGLOBALREA Alerts

    INGGLOBALREA Alerts and Suggestions

    INGGLOBALREA is not yet fully synchronised with the market data

    Price Density Drivers

    INGGLOBALREA Health Indicators

    Please also check Risk vs Return Analysis. Please also try Transaction History module to view history of all your transactions and understand their impact on performance.
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