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
    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 
    Alpha over DOW
    Beta against DOW=0.56
    Overall volatility
    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