|Horizon||30 Days Login to change|
24583770 Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|97.07||30 days||97.07||ABOUT 28.98%|
Based on normal probability distribution, the odds of 24583770 to move above current price in 30 days from now is about 28.98% (This 24583770 probability density function shows the probability of 24583770 ETF to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, 24583770 has beta of -0.3225 . This suggests as returns on benchmark increase, returns on holding 24583770 are expected to decrease at a much smaller rate. During bear market, however, 24583770 is likely to outperform the market. Additionally The company has an alpha of 0.2752 implying that it can potentially generate 0.2752% excess return over DOW after adjusting for the inherited market risk (beta).
24583770 Price Density
|Alpha over DOW||=||0.28|
|Beta against DOW||=||0.32|