UTI Balanced (India) Probability of Target Price Finishing Over Current Price

    UTIBALANCEDA -- India Fund  

    INR 161.03  4.22  2.55%

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

    UTI Balanced Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     161.03 30 days 161.03  ABOUT 92.99%
    Based on normal probability distribution, the odds of UTI Balanced to move above current price in 30 days from now is about 92.99% (This UTI Balanced Gr probability density function shows the probability of UTI Balanced Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, UTI Balanced Gr has beta of -0.5564 . This entails as returns on benchmark increase, returns on holding UTI Balanced are expected to decrease at a much smaller rate. During bear market, however, UTI Balanced Gr is likely to outperform the market. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. UTI Balanced Gr is significantly underperforming DOW.
     UTI Balanced Price Density 
          Price 
    α
    Alpha over DOW
    =0.18
    β
    Beta against DOW=0.56
    σ
    Overall volatility
    =4.27
    Ir
    Information ratio =0.1

    UTI Balanced Alerts and Suggestions

    UTI Balanced Gr is not yet fully synchronised with the market data
    The fund keeps about 24.98% of its net assets in bonds

    UTI BalancedPrice Density Drivers

    Search macroaxis.com