AQR International Probability of Target Price Finishing Over Current Price

ANDRX -- USA Fund  

USD 12.59  0.12  0.96%

AQR International probability of target price tool provides mechanism to make assumptions about upside and downside potential of AQR International Defensive Style R6 performance during a given time horizon utilizing its historical volatility. Please specify AQR International time horizon, a valid symbol (red box) and a target price (blue box) you would like AQR International odds to be computed. Check also AQR International Backtesting, Portfolio Optimization, AQR International Correlation, AQR International Hype Analysis, AQR International Volatility, AQR International History as well as AQR International Performance.
Horizon     30 Days    Login   to change
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AQR International Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 12.59 30 days 12.59  ABOUT 7.32%
Based on normal probability distribution, the odds of AQR International to move above current price in 30 days from now is about 7.32% (This AQR International Defensive Style R6 probability density function shows the probability of AQR International Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, AQR International Defensive Style R6 has beta of -0.0279 . This suggests as returns on benchmark increase, returns on holding AQR International are expected to decrease at a much smaller rate. During bear market, however, AQR International Defensive Style R6 is likely to outperform the market. Additionally The company has an alpha of 0.0395 implying that it can potentially generate 0.0395% excess return over DOW after adjusting for the inherited market risk (beta).
 AQR International Price Density 
      Price 
α
Alpha over DOW
=0.039513
β
Beta against DOW=0.03
σ
Overall volatility
=0.31
Ir
Information ratio =0.04

AQR International Alerts

AQR International Alerts and Suggestions

The fund holds 97.76% of its assets under management (AUM) in equities

Price Density Drivers

AQR International Health Indicators

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