|Horizon||30 Days Login to change|
DNB FD Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|5.77||30 days||5.77||ABOUT 93.0%|
Based on normal probability distribution, the odds of DNB FD to move above current price in 30 days from now is about 93.0% (This DNB FD ASIAN SMALL CAP A probability density function shows the probability of DNB FD ETF to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, DNB FD ASIAN SMALL CAP A has beta of -0.4765 . This suggests as returns on benchmark increase, returns on holding DNB FD are expected to decrease at a much smaller rate. During bear market, however, DNB FD ASIAN SMALL CAP A is likely to outperform the market. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. DNB FD ASIAN is significantly underperforming DOW.
DNB FD Price Density
|Alpha over DOW||=||2.12|
|Beta against DOW||=||0.48|