|Horizon||30 Days Login to change|
NEU BER Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|14.15||30 days||14.15||ABOUT 21.82%|
Based on normal probability distribution, the odds of NEU BER to move above current price in 30 days from now is about 21.82% (This NEU BER USD A AC probability density function shows the probability of NEU BER Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, NEU BER USD A AC has beta of -0.0451 . This suggests as returns on benchmark increase, returns on holding NEU BER are expected to decrease at a much smaller rate. During bear market, however, NEU BER USD A AC is likely to outperform the market. Additionally The company has an alpha of 0.2028 implying that it can potentially generate 0.2028% excess return over DOW after adjusting for the inherited market risk (beta).
NEU BER Price Density
|Alpha over DOW||=||0.20|
|Beta against DOW||=||0.05|