|Horizon||30 Days Login to change|
ACL ALT Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|298.64||30 days||298.64||ABOUT 1.29%|
Based on normal probability distribution, the odds of ACL ALT to move above current price in 30 days from now is about 1.29% (This ACL ALT FUND USD A probability density function shows the probability of ACL ALT Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, ACL ALT has beta of 0.0472 . This suggests as returns on market go up, ACL ALT average returns are expected to increase less than the benchmark. However during bear market, the loss on holding ACL ALT FUND USD A will be expected to be much smaller as well. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. ACL ALT FUND is significantly underperforming DOW.
ACL ALT Price Density
|Alpha over DOW||=||0.0072|
|Beta against DOW||=||0.0472|