POLAR CAP probability of target price tool provides mechanism to make assumptions about upside and downside potential of POLAR CAP EM EUR I performance during a given time horizon utilizing its historical volatility. Please specify POLAR CAP time horizon, a valid symbol (red box) and a target price (blue box) you would like POLAR CAP odds to be computed. Check also Trending Equities.
|Horizon||30 Days Login to change|
POLAR CAP Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|8.74||30 days||8.74||ABOUT 21.12%|
Based on normal probability distribution, the odds of POLAR CAP to move above current price in 30 days from now is about 21.12% (This POLAR CAP EM EUR I probability density function shows the probability of POLAR CAP Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, POLAR CAP EM EUR I has beta of -1.6744 . This suggests as returns on its benchmark rise, returns on holding POLAR CAP EM EUR I are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, POLAR CAP is expected to outperform its benchmark. Additionally POLAR CAP EM EUR I has an alpha of 0.1565 implying that it can potentially generate 0.1565% excess return over DOW after adjusting for the inherited market risk (beta).
POLAR CAP Price Density
|Alpha over DOW||=||0.16|
|Beta against DOW||=||1.67|