HIGHFIELD PART probability of target price tool provides mechanism to make assumptions about upside and downside potential of HIGHFIELD PART performance during a given time horizon utilizing its historical volatility. Please specify HIGHFIELD PART time horizon, a valid symbol (red box) and a target price (blue box) you would like HIGHFIELD PART odds to be computed. Check also Trending Equities.
|Horizon||30 Days Login to change|
HIGHFIELD PART Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|117.36||30 days||117.36||ABOUT 17.71%|
Based on normal probability distribution, the odds of HIGHFIELD PART to move above current price in 30 days from now is about 17.71% (This HIGHFIELD PART probability density function shows the probability of HIGHFIELD PART Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, HIGHFIELD PART has beta of -0.0607 . This suggests as returns on benchmark increase, returns on holding HIGHFIELD PART are expected to decrease at a much smaller rate. During bear market, however, HIGHFIELD PART is likely to outperform the market. Additionally HIGHFIELD PART has an alpha of 0.025 implying that it can potentially generate 0.025% excess return over DOW after adjusting for the inherited market risk (beta).
HIGHFIELD PART Price Density
|Alpha over DOW||=||0.025016|
|Beta against DOW||=||0.06|