|Horizon||30 Days Login to change|
2022431 Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|12.88||30 days||12.88||ABOUT 26.01%|
Based on normal probability distribution, the odds of 2022431 to move above current price in 30 days from now is about 26.01% (This 2022431 probability density function shows the probability of 2022431 Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, 2022431 has beta of -0.1526 . This suggests as returns on benchmark increase, returns on holding 2022431 are expected to decrease at a much smaller rate. During bear market, however, 2022431 is likely to outperform the market. Additionally The company has an alpha of 0.4568 implying that it can potentially generate 0.4568% excess return over DOW after adjusting for the inherited market risk (beta).
2022431 Price Density
|Alpha over DOW||=||0.46|
|Beta against DOW||=||0.15|