|Horizon||30 Days Login to change|
SOUR MSCI Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|197.30||30 days||197.30||CLOSE TO 99%|
Based on normal probability distribution, the odds of SOUR MSCI to move above current price in 30 days from now is close to 99% (This SOUR MSCI EUR A ACC probability density function shows the probability of SOUR MSCI ETF to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, SOUR MSCI EUR A ACC has beta of -0.0363 suggesting as returns on benchmark increase, returns on holding SOUR MSCI are expected to decrease at a much smaller rate. During bear market, however, SOUR MSCI EUR A ACC 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. SOUR MSCI EUR is significantly underperforming DOW.
SOUR MSCI Price Density
|Alpha over DOW||=||0.22|
|Beta against DOW||=||0.04|