2719343 probability of target price tool provides mechanism to make assumptions about upside and downside potential of 2719343 performance during a given time horizon utilizing its historical volatility. Please specify 2719343 time horizon, a valid symbol (red box) and a target price (blue box) you would like 2719343 odds to be computed. Check also Trending Equities.
|Horizon||30 Days Login to change|
2719343 Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|12.87||30 days||12.87||ABOUT 31.76%|
Based on normal probability distribution, the odds of 2719343 to move above current price in 30 days from now is about 31.76% (This 2719343 probability density function shows the probability of 2719343 Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, 2719343 has beta of 0.2524 . This suggests as returns on market go up, 2719343 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding 2719343 will be expected to be much smaller as well. Additionally 2719343 has an alpha of 0.2549 implying that it can potentially generate 0.2549% excess return over DOW after adjusting for the inherited market risk (beta).
2719343 Price Density
|Alpha over DOW||=||0.25|
|Beta against DOW||=||0.25|