|Horizon||30 Days Login to change|
2116411 Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|127.79||30 days||127.79||ROUGHLY 2.93%|
Based on normal probability distribution, the odds of 2116411 to move above current price in 30 days from now is roughly 2.93% (This 2116411 probability density function shows the probability of 2116411 Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, 2116411 has beta of -0.3564 . This suggests as returns on benchmark increase, returns on holding 2116411 are expected to decrease at a much smaller rate. During bear market, however, 2116411 is likely to outperform the market. Additionally The company has an alpha of 0.1821 implying that it can potentially generate 0.1821% excess return over DOW after adjusting for the inherited market risk (beta).
2116411 Price Density
|Alpha over DOW||=||0.18|
|Beta against DOW||=||0.36|