|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 18.42 ||30 days|| 18.42 || ABOUT 6.68%|
Based on normal probability distribution, the odds of Sanlam FOUR to move above current price in 30 days from now is about 6.68% (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 -0.0394 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 Sanlam FOUR Global Equity B USD has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Sanlam FOUR Price Density
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|Current Price || ||Target Price || |