|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 217.69 ||30 days|| 217.69 || CLOSE TO 99%|
Based on normal probability distribution, the odds of Stryx World to move above current price in 30 days from now is close to 99% (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 -0.0321 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 Stryx World Growth EUR has an alpha of 0.634 implying that it can potentially generate 0.634% excess return over DOW after adjusting for the inherited market risk (beta).
Stryx World Price Density