|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 993.13 ||30 days|| 993.13 || ABOUT 32.8%|
Based on normal probability distribution, the odds of ELDT P4 to move above current price in 30 days from now is about 32.8% (This ELDT P4 TA probability density function shows the probability of ELDT P4 Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, ELDT P4 TA has beta of -0.107 suggesting as returns on benchmark increase, returns on holding ELDT P4 are expected to decrease at a much smaller rate. During bear market, however, ELDT P4 TA is likely to outperform the market. Additionally ELDT P4 TA has an alpha of 0.1134 implying that it can potentially generate 0.1134% excess return over DOW after adjusting for the inherited market risk (beta).
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