24985985 probability of target price tool provides mechanism to make assumptions about upside and downside potential of 24985985 performance during a given time horizon utilizing its historical volatility. Please specify 24985985 time horizon, a valid symbol (red box) and a target price (blue box) you would like 24985985 odds to be computed. Check also Trending Equities.
|Horizon||30 Days Login to change|
24985985 Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|116.59||30 days||116.59||ABOUT 15.05%|
Based on normal probability distribution, the odds of 24985985 to move above current price in 30 days from now is about 15.05% (This 24985985 probability density function shows the probability of 24985985 Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, the fund has beta coefficient of 5.3499 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are expected to be negative, 24985985 will likely underperform. In addition to that 24985985 has an alpha of 16.6018 implying that it can potentially generate 16.6018% excess return over DOW after adjusting for the inherited market risk (beta).
24985985 Price Density
|Alpha over DOW||=||16.60|
|Beta against DOW||=||5.35|