GlobalAccess Japan probability of target price tool provides mechanism to make assumptions about upside and downside potential of GlobalAccess Japan A Acc performance during a given time horizon utilizing its historical volatility. Please specify GlobalAccess Japan time horizon, a valid symbol (red box) and a target price (blue box) you would like GlobalAccess Japan odds to be computed. Additionally see Investing Opportunities.
|Horizon||30 Days Login to change|
GlobalAccess Japan Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|1.37||30 days||1.37||ABOUT 23.13%|
Based on normal probability distribution, the odds of GlobalAccess Japan to move above current price in 30 days from now is about 23.13% (This GlobalAccess Japan A Acc probability density function shows the probability of GlobalAccess Japan Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, GlobalAccess Japan A Acc has beta of -0.0042 suggesting as returns on benchmark increase, returns on holding GlobalAccess Japan are expected to decrease at a much smaller rate. During bear market, however, GlobalAccess Japan A Acc is likely to outperform the market. Additionally GlobalAccess Japan A Acc has an alpha of 0.0808 implying that it can potentially generate 0.0808% excess return over DOW after adjusting for the inherited market risk (beta).
GlobalAccess Japan Price Density
|Alpha over DOW||=||0.08|
|Beta against DOW||=||0.0042|