|Horizon||30 Days Login to change|
Mercer Low Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|212.83||30 days||212.83||ABOUT 27.28%|
Based on normal probability distribution, the odds of Mercer Low to move above current price in 30 days from now is about 27.28% (This Mercer Low Volatility Equity M 3 probability density function shows the probability of Mercer Low Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, Mercer Low Volatility Equity M 3 has beta of -0.1028 suggesting as returns on benchmark increase, returns on holding Mercer Low are expected to decrease at a much smaller rate. During bear market, however, Mercer Low Volatility Equity M 3 is likely to outperform the market. Additionally The company has an alpha of 0.3318 implying that it can potentially generate 0.3318% excess return over DOW after adjusting for the inherited market risk (beta).
Mercer Low Price Density
|Alpha over DOW||=||0.33|
|Beta against DOW||=||0.1|