|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 0.00 ||30 days|| 0.00 || ABOUT 76.99%|
Based on normal probability distribution, the odds of TENAX CRDIT to move above current price in 30 days from now is about 76.99% (This TENAX CRDIT EUR B probability density function shows the probability of TENAX CRDIT Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, TENAX CRDIT has beta of 0.7334 . This suggests as returns on market go up, TENAX CRDIT average returns are expected to increase less than the benchmark. However during bear market, the loss on holding TENAX CRDIT EUR B will be expected to be much smaller as well. Additionally TENAX CRDIT EUR B has an alpha of 2.0E-4 implying that it can potentially generate 2.0E-4% excess return over DOW after adjusting for the inherited market risk (beta).
TENAX CRDIT Price Density
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|Current Price || ||Target Price || |