|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 14.45 ||30 days|| 14.45 || NEAR 1%|
Based on normal probability distribution, the odds of Peerless Equity to move above current price in 30 days from now is near 1% (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 0.0 . This suggests unless we do not have required data, the returns on DOW and Peerless Equity are completely uncorrelated. Additionally Peerless Equity Half Yrly DivIt does not look like Peerless Equity alpha can have any bearing on the equity current valuation.
Peerless Equity Price Density
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|Current Price || ||Target Price || |