|Horizon||30 Days Login to change|
JM High Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|11.02||30 days||11.02||NEARLY 4.58%|
Based on normal probability distribution, the odds of JM High to move above current price in 30 days from now is nearly 4.58% (This JM High Liquidity Dir Wk Div probability density function shows the probability of JM High Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, JM High Liquidity Dir Wk Div has beta of -0.0031 . This suggests as returns on benchmark increase, returns on holding JM High are expected to decrease at a much smaller rate. During bear market, however, JM High Liquidity Dir Wk Div is likely to outperform the market. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. JM High Liquidity is significantly underperforming DOW.
JM High Price Density
|Alpha over DOW||=||0.01|
|Beta against DOW||=||0.0031|