PAY GLB probability of target price tool provides mechanism to make assumptions about upside and downside potential of PAY GLB SHR USD A performance during a given time horizon utilizing its historical volatility. Please specify PAY GLB time horizon, a valid symbol (red box) and a target price (blue box) you would like PAY GLB odds to be computed. Check also Trending Equities.
|Horizon||30 Days Login to change|
PAY GLB Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|13.29||30 days||13.29||ABOUT 31.76%|
Based on normal probability distribution, the odds of PAY GLB to move above current price in 30 days from now is about 31.76% (This PAY GLB SHR USD A probability density function shows the probability of PAY GLB Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, PAY GLB has beta of 0.0 . This suggests unless we do not have required data, the returns on DOW and PAY GLB are completely uncorrelated. Additionally PAY GLB SHR USD AIt does not look like PAY GLB alpha can have any bearing on the equity current valuation.
PAY GLB Price Density
|Alpha over DOW||=||0.00|
|Beta against DOW||=||0.00|