|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 1,973 ||30 days|| 1,973 || ABOUT 6.56%|
Based on normal probability distribution, the odds of Old Mutual to move above current price in 30 days from now is about 6.56% (This Old Mutual European Best Ideas probability density function shows the probability of Old Mutual Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Old Mutual European Best Ideas has beta of -1275.1944 suggesting as returns on its benchmark rise, returns on holding Old Mutual European Best Ideas are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Old Mutual is expected to outperform its benchmark. In addition to that Old Mutual European Best Ideas has an alpha of 581.965 implying that it can potentially generate 581.965% excess return over DOW after adjusting for the inherited market risk (beta).
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