Amana Developing Probability of Target Price Finishing Over Current Price

AMDWX -- USA Fund  

USD 10.28  0.02  0.19%

Amana Developing probability of target price tool provides mechanism to make assumptions about upside and downside potential of Amana Developing World Fund performance during a given time horizon utilizing its historical volatility. Please specify Amana Developing time horizon, a valid symbol (red box) and a target price (blue box) you would like Amana Developing odds to be computed. Check also Amana Developing Backtesting, Portfolio Optimization, Amana Developing Correlation, Amana Developing Hype Analysis, Amana Developing Volatility, Amana Developing History as well as Amana Developing Performance.
Horizon     30 Days    Login   to change
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Amana Developing Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 10.28 30 days 10.28 
about 6.19
Based on normal probability distribution, the odds of Amana Developing to move above current price in 30 days from now is about 6.19 (This Amana Developing World Fund probability density function shows the probability of Amana Developing Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Amana Developing has beta of 0.5181 . This suggests as returns on market go up, Amana Developing average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Amana Developing World Fund will be expected to be much smaller as well. Additionally The company has an alpha of 0.0365 implying that it can potentially generate 0.0365% excess return over DOW after adjusting for the inherited market risk (beta).
 Amana Developing Price Density 
      Price 
α
Alpha over DOW
=0.036527
β
Beta against DOW=0.52
σ
Overall volatility
=0.21
Ir
Information ratio =0.04

Amana Developing Alerts and Suggestions

Latest headline from www.manilastandard.net: Stocks end flat SM Prime rises - manilastandard.net
The fund holds about 19.28% of its assets under management (AUM) in cash

Amana DevelopingPrice Density Drivers

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