|Horizon||30 Days Login to change|
FundLogic Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|1,050||30 days||1,050||ABOUT 33.83%|
Based on normal probability distribution, the odds of FundLogic to move above current price in 30 days from now is about 33.83% (This FundLogic MS TCW Uncons Pls Bd P EUR probability density function shows the probability of FundLogic Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, FundLogic MS TCW Uncons Pls Bd P EUR has beta of -0.003 suggesting as returns on benchmark increase, returns on holding FundLogic are expected to decrease at a much smaller rate. During bear market, however, FundLogic MS TCW Uncons Pls Bd P EUR 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. FundLogic MS TCW is significantly underperforming DOW.
FundLogic Price Density
|Alpha over DOW||=||0.0036|
|Beta against DOW||=||0.003|