|Horizon||30 Days Login to change|
2700247 Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|1.98||30 days||1.98||NEAR 1%|
Based on normal probability distribution, the odds of 2700247 to move above current price in 30 days from now is near 1% (This 2700247 probability density function shows the probability of 2700247 Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, 2700247 has beta of 0.0447 . This suggests as returns on market go up, 2700247 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding 2700247 will be expected to be much smaller as well. Additionally 2700247 has an alpha of 0.0042 implying that it can potentially generate 0.0042% excess return over DOW after adjusting for the inherited market risk (beta).
2700247 Price Density
|Alpha over DOW||=||0.004188|
|Beta against DOW||=||0.0447|