|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 16.45 ||30 days|| 16.45 || ABOUT 27.63%|
Based on normal probability distribution, the odds of Wellington to move above current price in 30 days from now is about 27.63% (This Wellington US Core HY Bd USD S Acc probability density function shows the probability of Wellington Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Wellington US Core HY Bd USD S Acc has beta of -0.0976 suggesting as returns on benchmark increase, returns on holding Wellington are expected to decrease at a much smaller rate. During bear market, however, Wellington US Core HY Bd USD S Acc is likely to outperform the market. Additionally Wellington US Core HY Bd USD S Acc has an alpha of 0.1198 implying that it can potentially generate 0.1198% excess return over DOW after adjusting for the inherited market risk (beta).
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