|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 18.78 ||30 days|| 18.78 || ABOUT 41.57%|
Based on normal probability distribution, the odds of Taurus Nifty to move above current price in 30 days from now is about 41.57% (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 has beta of 0.0023 . This entails as returns on market go up, Taurus Nifty average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Taurus Nifty Index Gr will be expected to be much smaller as well. Additionally Taurus Nifty Index Gr has an alpha of 0.3257 implying that it can potentially generate 0.3257% excess return over DOW after adjusting for the inherited market risk (beta).
Taurus Nifty Price Density