|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 16.00 ||30 days|| 16.00 || ABOUT 34.08%|
Based on normal probability distribution, the odds of Wellington to move above current price in 30 days from now is about 34.08% (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 has beta of 0.0505 suggesting as returns on market go up, Wellington 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 0.1247 implying that it can potentially generate 0.1247% excess return over DOW after adjusting for the inherited market risk (beta).