|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 117.74 ||30 days|| 117.74 || ABOUT 29.87%|
Based on normal probability distribution, the odds of Russell Multi to move above current price in 30 days from now is about 29.87% (This Russell Multi Asset Defensive A Acc probability density function shows the probability of Russell Multi Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Russell Multi Asset Defensive A Acc has beta of -0.0149 suggesting as returns on benchmark increase, returns on holding Russell Multi are expected to decrease at a much smaller rate. During bear market, however, Russell Multi Asset Defensive A Acc is likely to outperform the market. Additionally Russell Multi Asset Defensive A Acc has an alpha of 0.0018 implying that it can potentially generate 0.0018% excess return over DOW after adjusting for the inherited market risk (beta).
Russell Multi Price Density
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|Current Price || ||Target Price || |