LCJ FX probability of target price tool provides mechanism to make assumptions about upside and downside potential of LCJ FX FD B GBP performance during a given time horizon utilizing its historical volatility. Please specify LCJ FX time horizon, a valid symbol (red box) and a target price (blue box) you would like LCJ FX odds to be computed. Check also Trending Equities.
|Horizon||30 Days Login to change|
LCJ FX Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|1,317||30 days||1,317||ABOUT 23.08%|
Based on normal probability distribution, the odds of LCJ FX to move above current price in 30 days from now is about 23.08% (This LCJ FX FD B GBP probability density function shows the probability of LCJ FX Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, LCJ FX FD B GBP has beta of -0.0111 . This suggests as returns on benchmark increase, returns on holding LCJ FX are expected to decrease at a much smaller rate. During bear market, however, LCJ FX FD B GBP is likely to outperform the market. Additionally LCJ FX FD B GBP has an alpha of 0.0035 implying that it can potentially generate 0.0035% excess return over DOW after adjusting for the inherited market risk (beta).
LCJ FX Price Density
|Alpha over DOW||=||0.003545|
|Beta against DOW||=||0.01|