|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 124.71 ||30 days|| 124.71 || ABOUT 24.95%|
Based on normal probability distribution, the odds of R Parus to move above current price in 30 days from now is about 24.95% (This R Parus I Euro Unhedged probability density function shows the probability of R Parus Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, R Parus I Euro Unhedged has beta of -0.0142 suggesting as returns on benchmark increase, returns on holding R Parus are expected to decrease at a much smaller rate. During bear market, however, R Parus I Euro Unhedged is likely to outperform the market. Additionally R Parus I Euro Unhedged has an alpha of 0.2237 implying that it can potentially generate 0.2237% excess return over DOW after adjusting for the inherited market risk (beta).
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