LIC MF (India) Probability of Target Price Finishing Over Current Price

    LICMFSAVINGS -- India Fund  

    INR 10.18  0.00  0.00%

    LIC MF probability of target price tool provides mechanism to make assumptions about upside and downside potential of LIC MF Savings Plus Mn Div performance during a given time horizon utilizing its historical volatility. Please specify LIC MF time horizon, a valid symbol (red box) and a target price (blue box) you would like LIC MF odds to be computed. Please see also Stocks Correlation.
    Horizon     30 Days    Login   to change
    Symbol:
    Refresh Odds

    LIC MF Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     10.18 30 days 10.18  ABOUT 30.23%
    Based on normal probability distribution, the odds of LIC MF to move above current price in 30 days from now is about 30.23% (This LIC MF Savings Plus Mn Div probability density function shows the probability of LIC MF Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, LIC MF has beta of 0.0921 indicating as returns on market go up, LIC MF average returns are expected to increase less than the benchmark. However during bear market, the loss on holding LIC MF Savings Plus Mn Div will be expected to be much smaller as well. Additionally LIC MF Savings Plus Mn Div has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     LIC MF Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.07
    β
    Beta against DOW=0.09
    σ
    Overall volatility
    =4.39
    Ir
    Information ratio =0.55

    LIC MF Alerts

    LIC MF Alerts and Suggestions

    The fund maintains about 74.61% of its assets in cash
    Please see also Stocks Correlation. Please also try Theme Ratings module to determine theme ratings based on digital equity recommendations. macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
    Search macroaxis.com