Wellington Asia probability of target price tool provides mechanism to make assumptions about upside and downside potential of Wellington Asia ex Japan Eq D EUR Acc Uh performance during a given time horizon utilizing its historical volatility. Please specify Wellington Asia time horizon, a valid symbol (red box) and a target price (blue box) you would like Wellington Asia odds to be computed. Additionally see Investing Opportunities.
|Horizon||30 Days Login to change|
Wellington Asia Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|15.82||30 days||15.82||ABOUT 1.84%|
Based on normal probability distribution, the odds of Wellington Asia to move above current price in 30 days from now is about 1.84% (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 ex Japan Eq D EUR Acc Uh has beta of -0.0951 suggesting as returns on benchmark increase, returns on holding Wellington Asia are expected to decrease at a much smaller rate. During bear market, however, Wellington Asia ex Japan Eq D EUR Acc Uh is likely to outperform the market. Additionally Wellington Asia ex Japan Eq D EUR Acc Uh has an alpha of 0.2404 implying that it can potentially generate 0.2404% excess return over DOW after adjusting for the inherited market risk (beta).
Wellington Asia Price Density
|Alpha over DOW||=||0.24|
|Beta against DOW||=||0.1|