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

    UTITHEMATICA -- India Fund  

    INR 51.30  1.12  2.14%

    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
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    UTI Transportation Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     51.30 30 days 51.30  ABOUT 49.13%
    Based on normal probability distribution, the odds of UTI Transportation to move above current price in 30 days from now is about 49.13% (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 Logistics Div has beta of -0.0123 . This entails as returns on benchmark increase, returns on holding UTI Transportation are expected to decrease at a much smaller rate. During bear market, however, UTI Transportation Logistics Div is likely to outperform the market. Additionally UTI Transportation Logistics Div has an alpha of 0.0397 implying that it can potentially generate 0.0397% excess return over DOW after adjusting for the inherited market risk (beta).
     UTI Transportation Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.039728
    β
    Beta against DOW=0.01
    σ
    Overall volatility
    =16.53
    Ir
    Information ratio =0.08

    UTI Transportation Alerts

    UTI Transportation Alerts and Suggestions

    UTI Transportation generates negative expected return over the last 30 days
    The fund keeps about 6.38% of its net assets in cash

    Price Density Drivers

    UTI Transportation Health Indicators

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