|Horizon||30 Days Login to change|
JM Money Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|10.36||30 days||10.36||ABOUT 34.7%|
Based on normal probability distribution, the odds of JM Money to move above current price in 30 days from now is about 34.7% (This JM Money Manager Super Plus Dir Fr Div probability density function shows the probability of JM Money Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, JM Money Manager Super Plus Dir Fr Div has beta of -0.0072 suggesting as returns on benchmark increase, returns on holding JM Money are expected to decrease at a much smaller rate. During bear market, however, JM Money Manager Super Plus Dir Fr Div is likely to outperform the market. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. JM Money Manager is significantly underperforming DOW.
JM Money Price Density
|Alpha over DOW||=||0.0092|
|Beta against DOW||=||0.0072|