NFB Global probability of target price tool provides mechanism to make assumptions about upside and downside potential of NFB Global Balanced Fd of Fds A USD Acc performance during a given time horizon utilizing its historical volatility. Please specify NFB Global time horizon, a valid symbol (red box) and a target price (blue box) you would like NFB Global odds to be computed. Additionally see Investing Opportunities.
|Horizon||30 Days Login to change|
NFB Global Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|12.10||30 days||12.10||ABOUT 33.68%|
Based on normal probability distribution, the odds of NFB Global to move above current price in 30 days from now is about 33.68% (This NFB Global Balanced Fd of Fds A USD Acc probability density function shows the probability of NFB Global Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, NFB Global has beta of 0.0137 suggesting as returns on market go up, NFB Global average returns are expected to increase less than the benchmark. However during bear market, the loss on holding NFB Global Balanced Fd of Fds A USD Acc will be expected to be much smaller as well. Additionally NFB Global Balanced Fd of Fds A USD Acc has an alpha of 0.0622 implying that it can potentially generate 0.0622% excess return over DOW after adjusting for the inherited market risk (beta).
NFB Global Price Density
|Alpha over DOW||=||0.06|
|Beta against DOW||=||0.0137|