|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 120.21 ||30 days|| 120.21 || ABOUT 10.36%|
Based on normal probability distribution, the odds of NEM GLB to move above current price in 30 days from now is about 10.36% (This NEM GLB USD INV ACC probability density function shows the probability of NEM GLB Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, NEM GLB has beta of 0.144 . This suggests as returns on market go up, NEM GLB average returns are expected to increase less than the benchmark. However during bear market, the loss on holding NEM GLB USD INV ACC will be expected to be much smaller as well. Additionally NEM GLB USD INV ACC has an alpha of 0.1284 implying that it can potentially generate 0.1284% excess return over DOW after adjusting for the inherited market risk (beta).
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