|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 11.35 ||30 days|| 11.35 || NEAR 1%|
Based on normal probability distribution, the odds of Franklin Ind to move above current price in 30 days from now is near 1% (This Franklin Ind Feeder Frank Eur Gr Dir Gr probability density function shows the probability of Franklin Ind Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Franklin Ind Feeder Frank Eur Gr Dir Gr has beta of -0.1675 suggesting as returns on benchmark increase, returns on holding Franklin Ind are expected to decrease at a much smaller rate. During bear market, however, Franklin Ind Feeder Frank Eur Gr Dir Gr is likely to outperform the market. Additionally Franklin Ind Feeder Frank Eur Gr Dir Gr has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Franklin Ind Price Density
| || |
|Current Price || ||Target Price || |