Absolute Insight probability of target price tool provides mechanism to make assumptions about upside and downside potential of Absolute Insight Eq Mkt Netrl performance during a given time horizon utilizing its historical volatility. Please specify Absolute Insight time horizon, a valid symbol (red box) and a target price (blue box) you would like Absolute Insight odds to be computed. Additionally see Investing Opportunities.
|Horizon||30 Days Login to change|
Absolute Insight Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|0.00||30 days||0.00||MORE THAN 93.0%|
Based on normal probability distribution, the odds of Absolute Insight to move above current price in 30 days from now is more than 93.0% (This Absolute Insight Eq Mkt Netrl probability density function shows the probability of Absolute Insight Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, Absolute Insight Eq Mkt Netrl has beta of -0.0074 suggesting as returns on benchmark increase, returns on holding Absolute Insight are expected to decrease at a much smaller rate. During bear market, however, Absolute Insight Eq Mkt Netrl is likely to outperform the market. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Absolute Insight is significantly underperforming DOW.
Absolute Insight Price Density
|Alpha over DOW||=||0.0069|
|Beta against DOW||=||0.0074|