|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 24.94 ||30 days|| 24.94 || ABOUT 22.78%|
Based on normal probability distribution, the odds of Polar UK to move above current price in 30 days from now is about 22.78% (This Polar UK Absolute Equity S Euro probability density function shows the probability of Polar UK Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Polar UK Absolute Equity S Euro has beta of -0.2172 suggesting as returns on benchmark increase, returns on holding Polar UK are expected to decrease at a much smaller rate. During bear market, however, Polar UK Absolute Equity S Euro is likely to outperform the market. Additionally Polar UK Absolute Equity S Euro has an alpha of 0.0174 implying that it can potentially generate 0.0174% excess return over DOW after adjusting for the inherited market risk (beta).
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