|Horizon||30 Days Login to change|
Old Mutual Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|1,639||30 days||1,639||ABOUT 26.18%|
Based on normal probability distribution, the odds of Old Mutual to move above current price in 30 days from now is about 26.18% (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, the fund has beta coefficient of 95.0 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average . However, if the benchmark returns are expected to be negative, Old Mutual will likely underperform. In addition to that The company has an alpha of 206.3652 implying that it can potentially generate 206.3652% excess return over DOW after adjusting for the inherited market risk (beta).
Old Mutual Price Density
|Alpha over DOW||=||206.37|
|Beta against DOW||=||95.00|