|Horizon||30 Days Login to change|
1555610 Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|22.15||30 days||22.15||ABOUT 24.23%|
Based on normal probability distribution, the odds of 1555610 to move above current price in 30 days from now is about 24.23% (This 1555610 probability density function shows the probability of 1555610 Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, the fund has beta coefficient of 1.1556 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average . However, if the benchmark returns are expected to be negative, 1555610 will likely underperform. Additionally The company has an alpha of 0.7179 implying that it can potentially generate 0.7179% excess return over DOW after adjusting for the inherited market risk (beta).
1555610 Price Density
|Alpha over DOW||=||0.72|
|Beta against DOW||=||1.16|