|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 10.84 ||30 days|| 10.84 || ABOUT 23.4%|
Based on normal probability distribution, the odds of Thornburg Developing to move above current price in 30 days from now is about 23.4% (This Thornburg Developing World I USD Acc probability density function shows the probability of Thornburg Developing Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Thornburg Developing World I USD Acc has beta of -0.1614 suggesting as returns on benchmark increase, returns on holding Thornburg Developing are expected to decrease at a much smaller rate. During bear market, however, Thornburg Developing World I USD Acc is likely to outperform the market. Additionally Thornburg Developing World I USD Acc has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Thornburg Developing Price Density
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|Current Price || ||Target Price || |