Kames Global probability of target price tool provides mechanism to make assumptions about upside and downside potential of Kames Global Equity Income B GBP Acc H performance during a given time horizon utilizing its historical volatility. Please specify Kames Global time horizon, a valid symbol (red box) and a target price (blue box) you would like Kames Global odds to be computed. Additionally see Investing Opportunities.
|Horizon||30 Days Login to change|
Kames Global Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|1,602||30 days||1,602||ABOUT 24.32%|
Based on normal probability distribution, the odds of Kames Global to move above current price in 30 days from now is about 24.32% (This Kames Global Equity Income B GBP Acc H probability density function shows the probability of Kames Global Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, Kames Global Equity Income B GBP Acc H has beta of -0.3533 suggesting as returns on benchmark increase, returns on holding Kames Global are expected to decrease at a much smaller rate. During bear market, however, Kames Global Equity Income B GBP Acc H is likely to outperform the market. Additionally Kames Global Equity Income B GBP Acc H has an alpha of 0.0489 implying that it can potentially generate 0.0489% excess return over DOW after adjusting for the inherited market risk (beta).
Kames Global Price Density
|Alpha over DOW||=||0.048867|
|Beta against DOW||=||0.35|