SSgA GBP probability of target price tool provides mechanism to make assumptions about upside and downside potential of SSgA GBP Liquidity Z Acc performance during a given time horizon utilizing its historical volatility. Please specify SSgA GBP time horizon, a valid symbol (red box) and a target price (blue box) you would like SSgA GBP odds to be computed. Additionally see Investing Opportunities.
|Horizon||30 Days Login to change|
SSgA GBP Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|1,143||30 days||1,143||ABOUT 31.87%|
Based on normal probability distribution, the odds of SSgA GBP to move above current price in 30 days from now is about 31.87% (This SSgA GBP Liquidity Z Acc probability density function shows the probability of SSgA GBP Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, SSgA GBP has beta of 0.002 suggesting as returns on market go up, SSgA GBP average returns are expected to increase less than the benchmark. However during bear market, the loss on holding SSgA GBP Liquidity Z Acc will be expected to be much smaller as well. Additionally SSgA GBP Liquidity Z Acc has an alpha of 0.012 implying that it can potentially generate 0.012% excess return over DOW after adjusting for the inherited market risk (beta).
SSgA GBP Price Density
|Alpha over DOW||=||0.012032|
|Beta against DOW||=||0.002|