30948819 probability of target price tool provides mechanism to make assumptions about upside and downside potential of 30948819 performance during a given time horizon utilizing its historical volatility. Please specify 30948819 time horizon, a valid symbol (red box) and a target price (blue box) you would like 30948819 odds to be computed. Check also Trending Equities.
|Horizon||30 Days Login to change|
30948819 Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|99.78||30 days||99.78||ABOUT 1.06%|
Based on normal probability distribution, the odds of 30948819 to move above current price in 30 days from now is about 1.06% (This 30948819 probability density function shows the probability of 30948819 Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, 30948819 has beta of 0.0749 . This suggests as returns on market go up, 30948819 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding 30948819 will be expected to be much smaller as well. Additionally 30948819 has an alpha of 0.0041 implying that it can potentially generate 0.0041% excess return over DOW after adjusting for the inherited market risk (beta).
30948819 Price Density
|Alpha over DOW||=||0.004103|
|Beta against DOW||=||0.07|