|Horizon||30 Days Login to change|
1076674 Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|6.65||30 days||6.65||ABOUT 31.76%|
Based on normal probability distribution, the odds of 1076674 to move above current price in 30 days from now is about 31.76% (This 1076674 probability density function shows the probability of 1076674 Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, 1076674 has beta of -0.2428 . This suggests as returns on benchmark increase, returns on holding 1076674 are expected to decrease at a much smaller rate. During bear market, however, 1076674 is likely to outperform the market. Additionally The company has an alpha of 0.506 implying that it can potentially generate 0.506% excess return over DOW after adjusting for the inherited market risk (beta).
1076674 Price Density
|Alpha over DOW||=||0.51|
|Beta against DOW||=||0.24|