|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|
|13.84||30 days||13.84||ABOUT 36.31%|
Based on normal probability distribution, the odds of Mediolanum to move above current price in 30 days from now is about 36.31% (This Mediolanum Ch Provident 3 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 has beta of 0.0824 suggesting as returns on market go up, Mediolanum average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Mediolanum Ch Provident 3 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. Mediolanum Ch Provident is significantly underperforming DOW.
Mediolanum Price Density
|Alpha over DOW||=||0.07|
|Beta against DOW||=||0.08|