|Horizon||30 Days Login to change|
13063020 Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|10.11||30 days||10.11||ABOUT 9.68%|
Based on normal probability distribution, the odds of 13063020 to move above current price in 30 days from now is about 9.68% (This 13063020 probability density function shows the probability of 13063020 Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, 13063020 has beta of -0.0582 . This suggests as returns on benchmark increase, returns on holding 13063020 are expected to decrease at a much smaller rate. During bear market, however, 13063020 is likely to outperform the market. Additionally The company has an alpha of 0.2047 implying that it can potentially generate 0.2047% excess return over DOW after adjusting for the inherited market risk (beta).
13063020 Price Density
|Alpha over DOW||=||0.20|
|Beta against DOW||=||0.06|