|Horizon||30 Days Login to change|
2327583 Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|16.42||30 days||16.42||ABOUT 29.46%|
Based on normal probability distribution, the odds of 2327583 to move above current price in 30 days from now is about 29.46% (This 2327583 probability density function shows the probability of 2327583 Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, 2327583 has beta of -0.3066 . This suggests as returns on benchmark increase, returns on holding 2327583 are expected to decrease at a much smaller rate. During bear market, however, 2327583 is likely to outperform the market. In addition to that The company has an alpha of 5.8973 implying that it can potentially generate 5.8973% excess return over DOW after adjusting for the inherited market risk (beta).
2327583 Price Density
|Alpha over DOW||=||5.90|
|Beta against DOW||=||0.31|