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

    UTITHEMATICA -- India Fund  

    INR 46.51  2.06  4.24%

    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
     46.51 30 days 46.51  ABOUT 60.03%
    Based on normal probability distribution, the odds of UTI Transportation to move above current price in 30 days from now is about 60.03% (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 -0.0544 . 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 a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     UTI Transportation Price Density 
          Price 
    α
    Alpha over DOW
    =0.32
    β
    Beta against DOW=0.05
    σ
    Overall volatility
    =16.50
    Ir
    Information ratio =0.14

    UTI Transportation Alerts

    UTI Transportation Alerts and Suggestions

    UTI Transportation is not yet fully synchronised with the market data
    The fund keeps about 6.38% of its net assets in cash

    Price Density Drivers

    UTI Transportation Health Indicators

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