|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 24.30 ||30 days|| 24.30 || ABOUT 27.42%|
Based on normal probability distribution, the odds of Taurus Banking to move above current price in 30 days from now is about 27.42% (This Taurus Banking Fin Services Gr probability density function shows the probability of Taurus Banking Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Taurus Banking has beta of 0.0892 suggesting as returns on market go up, Taurus Banking average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Taurus Banking Fin Services Gr will be expected to be much smaller as well. Additionally Taurus Banking Fin Services Gr has an alpha of 0.2244 implying that it can potentially generate 0.2244% excess return over DOW after adjusting for the inherited market risk (beta).
Taurus Banking Price Density
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|Current Price || ||Target Price || |