|Horizon||30 Days Login to change|
FundLogic Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|120,762||30 days||120,762||ABOUT 32.92%|
Based on normal probability distribution, the odds of FundLogic to move above current price in 30 days from now is about 32.92% (This FundLogic MS PSAM Glb Event UCITS C GBPH probability density function shows the probability of FundLogic Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, FundLogic has beta of 0.0142 suggesting as returns on market go up, FundLogic average returns are expected to increase less than the benchmark. However during bear market, the loss on holding FundLogic MS PSAM Glb Event UCITS C GBPH will be expected to be much smaller as well. Additionally FundLogic MS PSAM Glb Event UCITS C GBPH has an alpha of 0.0799 implying that it can potentially generate 0.0799% excess return over DOW after adjusting for the inherited market risk (beta).
FundLogic Price Density
|Alpha over DOW||=||0.08|
|Beta against DOW||=||0.0142|