|Horizon||30 Days Login to change|
Old Mutual Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|1,184||30 days||1,184||ABOUT 30.54%|
Based on normal probability distribution, the odds of Old Mutual to move above current price in 30 days from now is about 30.54% (This Old Mutual Local Ccy EM Dbt U2 GBP Acc probability density function shows the probability of Old Mutual Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, Old Mutual Local Ccy EM Dbt U2 GBP Acc has beta of -0.0638 suggesting as returns on benchmark increase, returns on holding Old Mutual are expected to decrease at a much smaller rate. During bear market, however, Old Mutual Local Ccy EM Dbt U2 GBP Acc is likely to outperform the market. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Old Mutual Local is significantly underperforming DOW.
Old Mutual Price Density
|Alpha over DOW||=||0.37|
|Beta against DOW||=||0.06|