|Horizon||30 Days Login to change|
Russell Multi Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|115.56||30 days||115.56||ABOUT 40.22%|
Based on normal probability distribution, the odds of Russell Multi to move above current price in 30 days from now is about 40.22% (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 -0.0031 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 The company has a negative alpha implying that the risk taken by holding this equity is not justified. Russell Multi Asset is significantly underperforming DOW.
Russell Multi Price Density
|Alpha over DOW||=||0.0007|
|Beta against DOW||=||0.0031|