|Horizon||30 Days Login to change|
11489942 Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|1,113||30 days||1,113||ABOUT 28.39%|
Based on normal probability distribution, the odds of 11489942 to move above current price in 30 days from now is about 28.39% (This 11489942 probability density function shows the probability of 11489942 Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, 11489942 has beta of 0.6922 . This suggests as returns on market go up, 11489942 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding 11489942 will be expected to be much smaller as well. Moreover The company has an alpha of 1.4187 implying that it can potentially generate 1.4187% excess return over DOW after adjusting for the inherited market risk (beta).
11489942 Price Density
|Alpha over DOW||=||1.42|
|Beta against DOW||=||0.69|