|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 22.77 ||30 days|| 22.77 || ABOUT 8.55%|
Based on normal probability distribution, the odds of Polar Capital to move above current price in 30 days from now is about 8.55% (This Polar Capital Japan R USD Hdg probability density function shows the probability of Polar Capital Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Polar Capital Japan R USD Hdg has beta of -0.191 suggesting as returns on benchmark increase, returns on holding Polar Capital are expected to decrease at a much smaller rate. During bear market, however, Polar Capital Japan R USD Hdg is likely to outperform the market. Additionally Polar Capital Japan R USD Hdg has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Polar Capital Price Density