|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 24.97 ||30 days|| 24.97 || ABOUT 71.08%|
Based on normal probability distribution, the odds of CPSE ETF to move above current price in 30 days from now is about 71.08% (This CPSE ETF probability density function shows the probability of CPSE ETF Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, CPSE ETF has beta of 0.2799 . This suggests as returns on market go up, CPSE ETF average returns are expected to increase less than the benchmark. However during bear market, the loss on holding CPSE ETF will be expected to be much smaller as well. Additionally CPSE ETF has an alpha of 0.0752 implying that it can potentially generate 0.0752% excess return over DOW after adjusting for the inherited market risk (beta).