|Horizon||30 Days Login to change|
Taurus Nifty Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|19.76||30 days||19.76||ABOUT 40.24%|
Based on normal probability distribution, the odds of Taurus Nifty to move above current price in 30 days from now is about 40.24% (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 -0.064 . This entails as returns on benchmark increase, returns on holding Taurus Nifty are expected to decrease at a much smaller rate. During bear market, however, Taurus Nifty Index Gr is likely to outperform the market. Additionally The company has an alpha of 0.1776 implying that it can potentially generate 0.1776% excess return over DOW after adjusting for the inherited market risk (beta).
Taurus Nifty Price Density
|Alpha over DOW||=||0.18|
|Beta against DOW||=||0.06|