UTI Transportation probability of target price tool provides mechanism to make assumptions about upside and downside potential of UTI Transportation Logistics Div performance during a given time horizon utilizing its historical volatility. Please specify UTI Transportation time horizon, a valid symbol (red box) and a target price (blue box) you would like UTI Transportation odds to be computed. Also please take a look at World Market Map.
|Horizon||30 Days Login to change|
UTI Transportation Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|0.00||30 days||0.00||CLOSE TO 99%|
Based on normal probability distribution, the odds of UTI Transportation to move above current price in 30 days from now is close to 99% (This UTI Transportation Logistics Div probability density function shows the probability of UTI Transportation Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, UTI Transportation has beta of 0.213 . This entails as returns on market go up, UTI Transportation average returns are expected to increase less than the benchmark. However during bear market, the loss on holding UTI Transportation Logistics Div will be expected to be much smaller as well. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. UTI Transportation is significantly underperforming DOW.
UTI Transportation Price Density
|Alpha over DOW||=||0.24|
|Beta against DOW||=||0.21|