|Horizon||30 Days Login to change|
2070270 Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|15.01||30 days||15.01||ABOUT 28.6%|
Based on normal probability distribution, the odds of 2070270 to move above current price in 30 days from now is about 28.6% (This 2070270 probability density function shows the probability of 2070270 Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, 2070270 has beta of -0.0033 . This suggests as returns on benchmark increase, returns on holding 2070270 are expected to decrease at a much smaller rate. During bear market, however, 2070270 is likely to outperform the market. Additionally The company has an alpha of 0.0037 implying that it can potentially generate 0.0037% excess return over DOW after adjusting for the inherited market risk (beta).
2070270 Price Density
|Alpha over DOW||=||0.003738|
|Beta against DOW||=||0.0033|