|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 1,979 ||30 days|| 1,979 || ABOUT 17.93%|
Based on normal probability distribution, the odds of Old Mutual to move above current price in 30 days from now is about 17.93% (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 -0.3706 suggesting as returns on benchmark increase, returns on holding Old Mutual are expected to decrease at a much smaller rate. During bear market, however, Old Mutual European Best Ideas is likely to outperform the market. Additionally Old Mutual European Best Ideas has an alpha of 0.1291 implying that it can potentially generate 0.1291% excess return over DOW after adjusting for the inherited market risk (beta).