Taurus Banking (India) Probability of Target Price Finishing Over Current Price

    TAURUSBANKIN -- India Fund  

    INR 20.45  1.29  5.93%

    Taurus Banking probability of target price tool provides mechanism to make assumptions about upside and downside potential of Taurus Banking Fin Services Div performance during a given time horizon utilizing its historical volatility. Please specify Taurus Banking time horizon, a valid symbol (red box) and a target price (blue box) you would like Taurus Banking odds to be computed. Also please take a look at World Market Map.
    Horizon     30 Days    Login   to change
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    Taurus Banking Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     20.45 30 days 20.45  ABOUT 27.3%
    Based on normal probability distribution, the odds of Taurus Banking to move above current price in 30 days from now is about 27.3% (This Taurus Banking Fin Services Div probability density function shows the probability of Taurus Banking Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Taurus Banking Fin Services Div has beta of -0.3134 . This entails as returns on benchmark increase, returns on holding Taurus Banking are expected to decrease at a much smaller rate. During bear market, however, Taurus Banking Fin Services Div is likely to outperform the market. Additionally Taurus Banking Fin Services Div has an alpha of 0.2718 implying that it can potentially generate 0.2718% excess return over DOW after adjusting for the inherited market risk (beta).
     Taurus Banking Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.27
    β
    Beta against DOW=0.31
    σ
    Overall volatility
    =10.06
    Ir
    Information ratio =0.07

    Taurus Banking Alerts

    Taurus Banking Alerts and Suggestions

    Taurus Banking Fin has very high historical volatility over the last 30 days
    The fund maintains 96.13% of its assets in stocks

    Price Density Drivers

    Taurus Banking Health Indicators

    Also please take a look at World Market Map. Please also try Equity Valuation module to check real value of public entities based on technical and fundamental data.
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