|Horizon||30 Days Login to change|
Invesco Korean Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|77.33||30 days||77.33||ABOUT 32.29%|
Based on normal probability distribution, the odds of Invesco Korean to move above current price in 30 days from now is about 32.29% (This Invesco Korean Equity A HKD probability density function shows the probability of Invesco Korean Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, Invesco Korean Equity A HKD has beta of -0.2229 suggesting as returns on benchmark increase, returns on holding Invesco Korean are expected to decrease at a much smaller rate. During bear market, however, Invesco Korean Equity A HKD is likely to outperform the market. Additionally Invesco Korean Equity A HKD has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW.
Invesco Korean Price Density
|Alpha over DOW||=||0.8|
|Beta against DOW||=||0.22|