|Horizon||30 Days Login to change|
BNY EUROBD Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|1.28||30 days||1.28||ABOUT 25.91%|
Based on normal probability distribution, the odds of BNY EUROBD to move above current price in 30 days from now is about 25.91% (This BNY EUROBD EUR B probability density function shows the probability of BNY EUROBD Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, BNY EUROBD has beta of 0.1244 . This suggests as returns on market go up, BNY EUROBD average returns are expected to increase less than the benchmark. However during bear market, the loss on holding BNY EUROBD EUR B 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. BNY EUROBD EUR is significantly underperforming DOW.
BNY EUROBD Price Density
|Alpha over DOW||=||0.02|
|Beta against DOW||=||0.12|