Invesco Oppenheimer Probability of Target Price Finishing Over Current Price

EMLDX -- USA Fund  

USD 6.94  0.04  0.58%

Invesco Oppenheimer probability of target price tool provides mechanism to make assumptions about upside and downside potential of Invesco Oppenheimer Emerging Ma performance during a given time horizon utilizing its historical volatility. Please specify Invesco Oppenheimer time horizon, a valid symbol (red box) and a target price (blue box) you would like Invesco Oppenheimer odds to be computed. Additionally see Invesco Oppenheimer Backtesting, Portfolio Optimization, Invesco Oppenheimer Correlation, Invesco Oppenheimer Hype Analysis, Invesco Oppenheimer Volatility, Invesco Oppenheimer History as well as Invesco Oppenheimer Performance.
Horizon     30 Days    Login   to change
Symbol:
Refresh Odds

Invesco Oppenheimer Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 6.94 30 days 6.94 
about 11.6
Based on normal probability distribution, the odds of Invesco Oppenheimer to move above current price in 30 days from now is about 11.6 (This Invesco Oppenheimer Emerging Ma probability density function shows the probability of Invesco Oppenheimer Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Invesco Oppenheimer has beta of 0.0297 suggesting as returns on market go up, Invesco Oppenheimer average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Invesco Oppenheimer Emerging Ma 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. Invesco Oppenheimer is significantly underperforming DOW.
 Invesco Oppenheimer Price Density 
      Price 
α
Alpha over DOW
=0.03
β
Beta against DOW=0.0297
σ
Overall volatility
=0.08
Ir
Information ratio =0.010021

Invesco Oppenheimer Alerts and Suggestions

Invesco Oppenheimer generates negative expected return over the last 30 days
On September 30, 2019 Invesco Oppenheimer paid $ 0.03 per share dividend to its current shareholders
The fund retains about 11.2% of its assets under management (AUM) in cash

Invesco OppenheimerPrice Density Drivers

Search macroaxis.com