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

TAURUSNIFTYI -- India Fund  

INR 21.40  0.40  1.90%

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

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 21.40 30 days 21.40  ABOUT 25.79%
Based on normal probability distribution, the odds of Taurus Nifty to move above current price in 30 days from now is about 25.79% (This Taurus Nifty Index Gr probability density function shows the probability of Taurus Nifty Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Taurus Nifty Index Gr has beta of -0.9116 . This entails Additionally Taurus Nifty Index Gr has an alpha of 0.3833 implying that it can potentially generate 0.3833% excess return over DOW after adjusting for the inherited market risk (beta).
 Taurus Nifty Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.38
β
Beta against DOW=0.91
σ
Overall volatility
=8.74
Ir
Information ratio =0.18

Taurus Nifty Alerts

Taurus Nifty Alerts and Suggestions

The fund maintains 99.55% of its assets in stocks

Price Density Drivers

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