|Horizon||30 Days Login to change|
JPMorgan Ind Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|14.61||30 days||14.61||ABOUT 35.45%|
Based on normal probability distribution, the odds of JPMorgan Ind to move above current price in 30 days from now is about 35.45% (This JPMorgan Ind Bnkg PSU Debt Reg Div probability density function shows the probability of JPMorgan Ind Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, JPMorgan Ind Bnkg PSU Debt Reg Div has beta of -0.0067 suggesting as returns on benchmark increase, returns on holding JPMorgan Ind are expected to decrease at a much smaller rate. During bear market, however, JPMorgan Ind Bnkg PSU Debt Reg Div is likely to outperform the market. Additionally JPMorgan Ind Bnkg PSU Debt Reg Div has an alpha of 0.0621 implying that it can potentially generate 0.0621% excess return over DOW after adjusting for the inherited market risk (beta).
JPMorgan Ind Price Density
|Alpha over DOW||=||0.06|
|Beta against DOW||=||0.0067|