13259930 probability of target price tool provides mechanism to make assumptions about upside and downside potential of 13259930 performance during a given time horizon utilizing its historical volatility. Please specify 13259930 time horizon, a valid symbol (red box) and a target price (blue box) you would like 13259930 odds to be computed. Check also Trending Equities.
|Horizon||30 Days Login to change|
13259930 Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|0.00||30 days||0.00||MORE THAN 93.0%|
Based on normal probability distribution, the odds of 13259930 to move above current price in 30 days from now is more than 93.0% (This 13259930 probability density function shows the probability of 13259930 Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, 13259930 has beta of -0.0216 . This suggests as returns on benchmark increase, returns on holding 13259930 are expected to decrease at a much smaller rate. During bear market, however, 13259930 is likely to outperform the market. Additionally The company has an alpha of 0.0254 implying that it can potentially generate 0.0254% excess return over DOW after adjusting for the inherited market risk (beta).
13259930 Price Density
|Alpha over DOW||=||0.025382|
|Beta against DOW||=||0.02|