MAM US probability of target price tool provides mechanism to make assumptions about upside and downside potential of MAM US HD USD P ACC performance during a given time horizon utilizing its historical volatility. Please specify MAM US time horizon, a valid symbol (red box) and a target price (blue box) you would like MAM US odds to be computed. Check also Trending Equities.
|Horizon||30 Days Login to change|
MAM US Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|10.30||30 days||10.30||ABOUT 19.9%|
Based on normal probability distribution, the odds of MAM US to move above current price in 30 days from now is about 19.9% (This MAM US HD USD P ACC probability density function shows the probability of MAM US Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, MAM US HD USD P ACC has beta of -0.047 . This suggests as returns on benchmark increase, returns on holding MAM US are expected to decrease at a much smaller rate. During bear market, however, MAM US HD USD P ACC is likely to outperform the market. Additionally MAM US HD USD P ACC has an alpha of 0.2188 implying that it can potentially generate 0.2188% excess return over DOW after adjusting for the inherited market risk (beta).
MAM US Price Density
|Alpha over DOW||=||0.22|
|Beta against DOW||=||0.05|