|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 15.82 ||30 days|| 15.82 || ABOUT 6.13%|
Based on normal probability distribution, the odds of Wellington Asia to move above current price in 30 days from now is about 6.13% (This Wellington Asia ex Japan Eq D EUR Acc Uh probability density function shows the probability of Wellington Asia Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Wellington Asia has beta of 0.2442 suggesting as returns on market go up, Wellington Asia average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Wellington Asia ex Japan Eq D EUR Acc Uh will be expected to be much smaller as well. Additionally Wellington Asia ex Japan Eq D EUR Acc Uh has an alpha of 0.4127 implying that it can potentially generate 0.4127% excess return over DOW after adjusting for the inherited market risk (beta).
Wellington Asia Price Density
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|Current Price || ||Target Price || |