|Horizon||30 Days Login to change|
Stryx World Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|215.48||30 days||215.48||ROUGHLY 96.0%|
Based on normal probability distribution, the odds of Stryx World to move above current price in 30 days from now is roughly 96.0% (This Stryx World Growth EUR probability density function shows the probability of Stryx World Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, Stryx World Growth EUR has beta of -0.4035 suggesting as returns on benchmark increase, returns on holding Stryx World are expected to decrease at a much smaller rate. During bear market, however, Stryx World Growth EUR 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. Stryx World Growth is significantly underperforming DOW.
Stryx World Price Density
|Alpha over DOW||=||0.18|
|Beta against DOW||=||0.4|