|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 13.66 ||30 days|| 13.66 || ABOUT 1.46%|
Based on normal probability distribution, the odds of Peerless Equity to move above current price in 30 days from now is about 1.46% (This Peerless Equity Half Yrly Div probability density function shows the probability of Peerless Equity Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Peerless Equity has beta of 0.0218 . This suggests as returns on market go up, Peerless Equity average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Peerless Equity Half Yrly Div will be expected to be much smaller as well. Additionally Peerless Equity Half Yrly Div has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Peerless Equity Price Density