|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 20.90 ||30 days|| 20.90 || CLOSE TO 99%|
Based on normal probability distribution, the odds of HSBC Midcap to move above current price in 30 days from now is close to 99% (This HSBC Midcap Equity Dir Div probability density function shows the probability of HSBC Midcap Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, HSBC Midcap has beta of 0.7362 suggesting as returns on market go up, HSBC Midcap average returns are expected to increase less than the benchmark. However during bear market, the loss on holding HSBC Midcap Equity Dir Div will be expected to be much smaller as well. Additionally HSBC Midcap Equity Dir Div has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
HSBC Midcap Price Density