|Horizon||30 Days Login to change|
Union KBC Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|1,636||30 days||1,636||ABOUT 28.07%|
Based on normal probability distribution, the odds of Union KBC to move above current price in 30 days from now is about 28.07% (This Union KBC UST Debt Fund Dir Gr probability density function shows the probability of Union KBC Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, Union KBC has beta of 0.0164 . This suggests as returns on market go up, Union KBC average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Union KBC UST Debt Fund Dir Gr will be expected to be much smaller as well. Additionally The company has an alpha of 0.0537 implying that it can potentially generate 0.0537% excess return over DOW after adjusting for the inherited market risk (beta).
Union KBC Price Density
|Alpha over DOW||=||0.05|
|Beta against DOW||=||0.0164|