BMO Inter Probability of Target Price Finishing Over 11.45

BITAX -- USA Fund  

USD 11.49  0.02  0.17%

BMO Inter probability of target price tool provides mechanism to make assumptions about upside and downside potential of BMO Inter Tax Free Fund Class A performance during a given time horizon utilizing its historical volatility. Please specify BMO Inter time horizon, a valid symbol (red box) and a target price (blue box) you would like BMO Inter odds to be computed. Check also BMO Inter Backtesting, Portfolio Optimization, BMO Inter Correlation, BMO Inter Hype Analysis, BMO Inter Volatility, BMO Inter History as well as BMO Inter Performance.
Horizon     30 Days    Login   to change
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BMO Inter Target Price Odds to finish over 11.45

Current PriceHorizonTarget PriceOdds to stay above $ 11.45  in 30 days
 11.49 30 days 11.45 
about 86.11
Based on normal probability distribution, the odds of BMO Inter to stay above $ 11.45  in 30 days from now is about 86.11 (This BMO Inter Tax Free Fund Class A probability density function shows the probability of BMO Inter Fund to fall within a particular range of prices over 30 days) . Probability of BMO Inter Tax price to stay between $ 11.45  and its current price of $11.49 at the end of the 30-day period is about 36.11 .
Assuming 30 trading days horizon, BMO Inter Tax Free Fund Class A has beta of -0.065 . This suggests as returns on benchmark increase, returns on holding BMO Inter are expected to decrease at a much smaller rate. During bear market, however, BMO Inter Tax Free Fund Class A is likely to outperform the market. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. BMO Inter Tax is significantly underperforming DOW.
 BMO Inter Price Density 
Alpha over DOW
Beta against DOW=0.07
Overall volatility
Information ratio =0.6

BMO Inter Alerts and Suggestions

BMO Inter Tax generates negative expected return over the last 30 days
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The fund holds about 99.69% of its assets under management (AUM) in fixed income securities

BMO InterPrice Density Drivers