|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 13.02 ||30 days|| 13.02 || ABOUT 23.51%|
Based on normal probability distribution, the odds of Wellington Strategic to move above current price in 30 days from now is about 23.51% (This Wellington Strategic Eurp Eq N USD Acc probability density function shows the probability of Wellington Strategic Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Wellington Strategic has beta of 0.2306 suggesting as returns on market go up, Wellington Strategic average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Wellington Strategic Eurp Eq N USD Acc will be expected to be much smaller as well. Additionally Wellington Strategic Eurp Eq N USD Acc has an alpha of 0.1603 implying that it can potentially generate 0.1603% excess return over DOW after adjusting for the inherited market risk (beta).
Wellington Strategic Price Density
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|Current Price || ||Target Price || |