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

    UTIBALANCEDA -- India Fund  

    INR 168.93  0.62  0.37%

    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
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    UTI Balanced Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds 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 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =1.05
    β
    Beta against DOW=2.3
    σ
    Overall volatility
    =12.26
    Ir
    Information ratio =0.22

    UTI Balanced Alerts

    UTI Balanced Alerts and Suggestions

    The fund keeps about 24.98% of its net assets in bonds
    Also please take a look at World Market Map. Please also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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