|Horizon||30 Days Login to change|
Sanlam FOUR Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|15.37||30 days||15.37||ABOUT 45.0%|
Based on normal probability distribution, the odds of Sanlam FOUR to move above current price in 30 days from now is about 45.0% (This Sanlam FOUR Global Equity B USD probability density function shows the probability of Sanlam FOUR Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, Sanlam FOUR Global Equity B USD has beta of -0.0108 suggesting as returns on benchmark increase, returns on holding Sanlam FOUR are expected to decrease at a much smaller rate. During bear market, however, Sanlam FOUR Global Equity B USD is likely to outperform the market. Additionally The company has an alpha of 0.1173 implying that it can potentially generate 0.1173% excess return over DOW after adjusting for the inherited market risk (beta).
Sanlam FOUR Price Density
|Alpha over DOW||=||0.12|
|Beta against DOW||=||0.01|