|Horizon||30 Days Login to change|
HERMES RES Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|93.37||30 days||93.37||ABOUT 22.13%|
Based on normal probability distribution, the odds of HERMES RES to move above current price in 30 days from now is about 22.13% (This HERMES RES I3DUSD probability density function shows the probability of HERMES RES Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, HERMES RES I3DUSD has beta of -0.0589 . This suggests as returns on benchmark increase, returns on holding HERMES RES are expected to decrease at a much smaller rate. During bear market, however, HERMES RES I3DUSD 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. HERMES RES I3DUSD is significantly underperforming DOW.
HERMES RES Price Density
|Alpha over DOW||=||0.04|
|Beta against DOW||=||0.06|