|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 93.37 ||30 days|| 93.37 || ABOUT 7.85%|
Based on normal probability distribution, the odds of HERMES RES to move above current price in 30 days from now is about 7.85% (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 -0.1102 . 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 HERMES RES I3DUSD has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
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