|Horizon||30 Days Login to change|
Mediolanum Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|13.31||30 days||13.31||ABOUT 23.1%|
Based on normal probability distribution, the odds of Mediolanum to move above current price in 30 days from now is about 23.1% (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 -0.0211 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 The company has a negative alpha implying that the risk taken by holding this equity is not justified. Mediolanum Ch Provident is significantly underperforming DOW.
Mediolanum Price Density
|Alpha over DOW||=||0.0002|
|Beta against DOW||=||0.02|