|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 13.57 ||30 days|| 13.57 || UNDER 4%|
Based on normal probability distribution, the odds of Mediolanum to move above current price in 30 days from now is under 4% (This Mediolanum Ch Provident 2 probability density function shows the probability of Mediolanum Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Mediolanum Ch Provident 2 has beta of -0.0123 suggesting as returns on benchmark increase, returns on holding Mediolanum are expected to decrease at a much smaller rate. During bear market, however, Mediolanum Ch Provident 2 is likely to outperform the market. Additionally Mediolanum Ch Provident 2 has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
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