13779865 probability of target price tool provides mechanism to make assumptions about upside and downside potential of 13779865 performance during a given time horizon utilizing its historical volatility. Please specify 13779865 time horizon, a valid symbol (red box) and a target price (blue box) you would like 13779865 odds to be computed. Check also Trending Equities.
|Horizon||30 Days Login to change|
13779865 Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|11.99||30 days||11.99||ABOUT 31.71%|
Based on normal probability distribution, the odds of 13779865 to move above current price in 30 days from now is about 31.71% (This 13779865 probability density function shows the probability of 13779865 Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, 13779865 has beta of 0.0176 . This suggests as returns on market go up, 13779865 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding 13779865 will be expected to be much smaller as well. Additionally 13779865 has an alpha of 0.0088 implying that it can potentially generate 0.0088% excess return over DOW after adjusting for the inherited market risk (beta).
13779865 Price Density
|Alpha over DOW||=||0.008802|
|Beta against DOW||=||0.0176|