|Horizon||30 Days Login to change|
4627976 Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|1.88||30 days||1.88||ABOUT 25.48%|
Based on normal probability distribution, the odds of 4627976 to move above current price in 30 days from now is about 25.48% (This 4627976 probability density function shows the probability of 4627976 Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, the fund has beta coefficient of 1.2601 . 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, 4627976 will likely underperform. Additionally The company has an alpha of 0.3287 implying that it can potentially generate 0.3287% excess return over DOW after adjusting for the inherited market risk (beta).
4627976 Price Density
|Alpha over DOW||=||0.33|
|Beta against DOW||=||1.26|