|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 13.33 ||30 days|| 13.33 || ABOUT 38.86%|
Based on normal probability distribution, the odds of WEL OP to move above current price in 30 days from now is about 38.86% (This WEL OP EM CHF S AC probability density function shows the probability of WEL OP Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, WEL OP EM CHF S AC has beta of -0.6966 . This suggests as returns on benchmark increase, returns on holding WEL OP are expected to decrease at a much smaller rate. During bear market, however, WEL OP EM CHF S AC is likely to outperform the market. Additionally WEL OP EM CHF S AC has an alpha of 0.3749 implying that it can potentially generate 0.3749% excess return over DOW after adjusting for the inherited market risk (beta).
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