|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 18.62 ||30 days|| 18.62 || ABOUT 26.36%|
Based on normal probability distribution, the odds of Mediolanum BB to move above current price in 30 days from now is about 26.36% (This Mediolanum BB MS Glbl Sel S A probability density function shows the probability of Mediolanum BB Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Mediolanum BB MS Glbl Sel S A has beta of -0.0856 suggesting as returns on benchmark increase, returns on holding Mediolanum BB are expected to decrease at a much smaller rate. During bear market, however, Mediolanum BB MS Glbl Sel S A is likely to outperform the market. Additionally Mediolanum BB MS Glbl Sel S A has an alpha of 0.5895 implying that it can potentially generate 0.5895% excess return over DOW after adjusting for the inherited market risk (beta).
Mediolanum BB Price Density
| || |
|Current Price || ||Target Price || |