Perkins US probability of target price tool provides mechanism to make assumptions about upside and downside potential of Perkins US Strategic Value E EUR Acc Hdg performance during a given time horizon utilizing its historical volatility. Please specify Perkins US time horizon, a valid symbol (red box) and a target price (blue box) you would like Perkins US odds to be computed. Additionally see Investing Opportunities.
|Horizon||30 Days Login to change|
Perkins US Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|14.85||30 days||14.85||ABOUT 39.96%|
Based on normal probability distribution, the odds of Perkins US to move above current price in 30 days from now is about 39.96% (This Perkins US Strategic Value E EUR Acc Hdg probability density function shows the probability of Perkins US Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, Perkins US Strategic Value E EUR Acc Hdg has beta of -0.0332 suggesting as returns on benchmark increase, returns on holding Perkins US are expected to decrease at a much smaller rate. During bear market, however, Perkins US Strategic Value E EUR Acc Hdg is likely to outperform the market. Additionally Perkins US Strategic Value E EUR Acc Hdg has an alpha of 0.1752 implying that it can potentially generate 0.1752% excess return over DOW after adjusting for the inherited market risk (beta).
Perkins US Price Density
|Alpha over DOW||=||0.18|
|Beta against DOW||=||0.03|