GLG MAN probability of target price tool provides mechanism to make assumptions about upside and downside potential of GLG MAN DNHUSD performance during a given time horizon utilizing its historical volatility. Please specify GLG MAN time horizon, a valid symbol (red box) and a target price (blue box) you would like GLG MAN odds to be computed. Check also Trending Equities.
|Horizon||30 Days Login to change|
GLG MAN Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|0.00||30 days||0.00||ABOUT 88.29%|
Based on normal probability distribution, the odds of GLG MAN to move above current price in 30 days from now is about 88.29% (This GLG MAN DNHUSD probability density function shows the probability of GLG MAN Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, GLG MAN has beta of 0.0319 . This suggests as returns on market go up, GLG MAN average returns are expected to increase less than the benchmark. However during bear market, the loss on holding GLG MAN DNHUSD will be expected to be much smaller as well. Additionally GLG MAN DNHUSD has an alpha of 0.0115 implying that it can potentially generate 0.0115% excess return over DOW after adjusting for the inherited market risk (beta).
GLG MAN Price Density
|Alpha over DOW||=||0.011539|
|Beta against DOW||=||0.0319|