|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 103.43 ||30 days|| 103.43 || ABOUT 5.12%|
Based on normal probability distribution, the odds of TENAX CRDIT to move above current price in 30 days from now is about 5.12% (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 EUR B has beta of -0.0685 . This suggests as returns on benchmark increase, returns on holding TENAX CRDIT are expected to decrease at a much smaller rate. During bear market, however, TENAX CRDIT EUR B is likely to outperform the market. Additionally TENAX CRDIT EUR B has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
TENAX CRDIT Price Density
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|Current Price || ||Target Price || |