|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 168.93 ||30 days|| 168.93 || ABOUT 26.58%|
Based on normal probability distribution, the odds of UTI Balanced to move above current price in 30 days from now is about 26.58% (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 -2.3009 . This entails as returns on its benchmark rise, returns on holding UTI Balanced Gr are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, UTI Balanced is expected to outperform its benchmark. Moreover UTI Balanced Gr has an alpha of 1.0499 implying that it can potentially generate 1.0499% excess return over DOW after adjusting for the inherited market risk (beta).
UTI Balanced Price Density
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|Current Price || ||Target Price || |