Bridgeway Blue Probability of Target Price Finishing Over Current Price

BRLIX -- USA Fund  

USD 15.30  0.20  1.29%

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

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 15.30 30 days 15.30 
about 31.59
Based on normal probability distribution, the odds of Bridgeway Blue to move above current price in 30 days from now is about 31.59 (This Bridgeway Blue Chip Fund probability density function shows the probability of Bridgeway Blue Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Bridgeway Blue has beta of 0.9674 . This suggests Bridgeway Blue Chip Fund market returns are sensitive to returns on the market. As the market goes up or down, Bridgeway Blue is expected to follow. Additionally The company has an alpha of 0.0247 implying that it can potentially generate 0.0247% excess return over DOW after adjusting for the inherited market risk (beta).
 Bridgeway Blue Price Density 
      Price 
α
Alpha over DOW
=0.024737
β
Beta against DOW=0.97
σ
Overall volatility
=0.29
Ir
Information ratio =0.025486

Bridgeway Blue Alerts and Suggestions

Bridgeway Blue Chip generates negative expected return over the last 30 days
Latest headline from nysenewsanalyst.com: Notable Stocks Buzzers Walt Disney Company , - NyseNewsAnalyst
The fund holds 99.93% of its assets under management (AUM) in equities

Bridgeway BluePrice Density Drivers

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