Aberdeen Standard Probability of Target Price Finishing Over 22.41

BCI -- USA Etf  

USD 22.23  0.03  0.14%

Aberdeen Standard probability of target price tool provides mechanism to make assumptions about upside and downside potential of Aberdeen Standard Bloomberg All performance during a given time horizon utilizing its historical volatility. Please specify Aberdeen Standard time horizon, a valid symbol (red box) and a target price (blue box) you would like Aberdeen Standard odds to be computed. Check also Aberdeen Standard Backtesting, Portfolio Optimization, Aberdeen Standard Correlation, Aberdeen Standard Hype Analysis, Aberdeen Standard Volatility, Aberdeen Standard History as well as Aberdeen Standard Performance.
Horizon     30 Days    Login   to change
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Aberdeen Standard Target Price Odds to finish over 22.41

Current PriceHorizonTarget PriceOdds to move over $ 22.41  or more in 30 days
 22.23 30 days 22.41 
about 34.09
Based on normal probability distribution, the odds of Aberdeen Standard to move over $ 22.41  or more in 30 days from now is about 34.09 (This Aberdeen Standard Bloomberg All probability density function shows the probability of Aberdeen Standard Etf to fall within a particular range of prices over 30 days) . Probability of Aberdeen Standard price to stay between its current price of $ 22.23  and $ 22.41  at the end of the 30-day period is about 28.77 .
Considering 30-days investment horizon, Aberdeen Standard has beta of 0.1346 . This suggests as returns on market go up, Aberdeen Standard average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Aberdeen Standard Bloomberg All will be expected to be much smaller as well. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Aberdeen Standard is significantly underperforming DOW.
 Aberdeen Standard Price Density 
      Price 
α
Alpha over DOW
=0.0027
β
Beta against DOW=0.13
σ
Overall volatility
=0.24
Ir
Information ratio =0.07

Aberdeen Standard Alerts and Suggestions

The fund holds about 56.46% of its assets under management (AUM) in fixed income securities

Aberdeen StandardPrice Density Drivers

Average Daily Volume Last 10 Day54.14k
Average Daily Volume In Three Month19.64k
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