|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 16.14 ||30 days|| 16.14 || ABOUT 25.85%|
Based on normal probability distribution, the odds of Wellington US to move above current price in 30 days from now is about 25.85% (This Wellington US Core HY Bd USD S Acc probability density function shows the probability of Wellington US Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Wellington US has beta of 0.0011 suggesting as returns on market go up, Wellington US average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Wellington US Core HY Bd USD S Acc will be expected to be much smaller as well. Additionally Wellington US Core HY Bd USD S Acc has an alpha of 0.0416 implying that it can potentially generate 0.0416% excess return over DOW after adjusting for the inherited market risk (beta).
Wellington US Price Density
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|Current Price || ||Target Price || |