|Horizon||30 Days Login to change|
Algebris Financial Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|128.34||30 days||128.34||ABOUT 13.38%|
Based on normal probability distribution, the odds of Algebris Financial to move above current price in 30 days from now is about 13.38% (This Algebris Financial Credit R EUR Acc probability density function shows the probability of Algebris Financial Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, Algebris Financial Credit R EUR Acc has beta of -0.0457 suggesting as returns on benchmark increase, returns on holding Algebris Financial are expected to decrease at a much smaller rate. During bear market, however, Algebris Financial Credit R EUR Acc is likely to outperform the market. Additionally The company has an alpha of 0.028 implying that it can potentially generate 0.028% excess return over DOW after adjusting for the inherited market risk (beta).
Algebris Financial Price Density
|Alpha over DOW||=||0.028025|
|Beta against DOW||=||0.05|