|Horizon||30 Days Login to change|
UTI Balanced Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|160.14||30 days||160.14||ABOUT 34.48%|
Based on normal probability distribution, the odds of UTI Balanced to move above current price in 30 days from now is about 34.48% (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 has beta of 0.0538 . This entails as returns on market go up, UTI Balanced average returns are expected to increase less than the benchmark. However during bear market, the loss on holding UTI Balanced Gr will be expected to be much smaller as well. Additionally UTI Balanced Gr has an alpha of 0.3591 implying that it can potentially generate 0.3591% excess return over DOW after adjusting for the inherited market risk (beta).
UTI Balanced Price Density
|Alpha over DOW||=||0.36|
|Beta against DOW||=||0.05|