|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 2.08 ||30 days|| 2.08 || ABOUT 28.59%|
Based on normal probability distribution, the odds of BNY Mellon to move above current price in 30 days from now is about 28.59% (This BNY Mellon Japan Sm Cap Focus I EUR Hdg probability density function shows the probability of BNY Mellon Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, BNY Mellon Japan Sm Cap Focus I EUR Hdg has beta of -0.0657 suggesting as returns on benchmark increase, returns on holding BNY Mellon are expected to decrease at a much smaller rate. During bear market, however, BNY Mellon Japan Sm Cap Focus I EUR Hdg is likely to outperform the market. Additionally BNY Mellon Japan Sm Cap Focus I EUR Hdg has an alpha of 0.0173 implying that it can potentially generate 0.0173% excess return over DOW after adjusting for the inherited market risk (beta).