|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 119.05 ||30 days|| 119.05 || ABOUT 12.43%|
Based on normal probability distribution, the odds of Metzler Alpha to move above current price in 30 days from now is about 12.43% (This Metzler Alpha Strategies A probability density function shows the probability of Metzler Alpha Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Metzler Alpha Strategies A has beta of -0.0083 suggesting as returns on benchmark increase, returns on holding Metzler Alpha are expected to decrease at a much smaller rate. During bear market, however, Metzler Alpha Strategies A is likely to outperform the market. Additionally Metzler Alpha Strategies A has an alpha of 0.0167 implying that it can potentially generate 0.0167% excess return over DOW after adjusting for the inherited market risk (beta).
Metzler Alpha Price Density
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|Current Price || ||Target Price || |