|Horizon||30 Days Login to change|
Russell US Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|15.76||30 days||15.76||OVER 95.72%|
Based on normal probability distribution, the odds of Russell US to move above current price in 30 days from now is over 95.72% (This Russell US Small Cap Eq L probability density function shows the probability of Russell US Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, Russell US has beta of 0.0329 suggesting as returns on market go up, Russell US average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Russell US Small Cap Eq L 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. Russell US Small is significantly underperforming DOW.
Russell US Price Density
|Alpha over DOW||=||0.12|
|Beta against DOW||=||0.0329|