|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 49.80 ||30 days|| 49.80 || ABOUT 10.71%|
Based on normal probability distribution, the odds of JM Balanced to move above current price in 30 days from now is about 10.71% (This JM Balanced Dir Bns Princ probability density function shows the probability of JM Balanced Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, JM Balanced has beta of 0.1722 . This suggests as returns on market go up, JM Balanced average returns are expected to increase less than the benchmark. However during bear market, the loss on holding JM Balanced Dir Bns Princ will be expected to be much smaller as well. Additionally JM Balanced Dir Bns Princ has an alpha of 0.3418 implying that it can potentially generate 0.3418% excess return over DOW after adjusting for the inherited market risk (beta).
JM Balanced Price Density
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|Current Price || ||Target Price || |