|Horizon||30 Days Login to change|
Polar UK Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|23.18||30 days||23.18||ABOUT 33.84%|
Based on normal probability distribution, the odds of Polar UK to move above current price in 30 days from now is about 33.84% (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 -0.0035 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 The company has a negative alpha implying that the risk taken by holding this equity is not justified. Polar UK Absolute is significantly underperforming DOW.
Polar UK Price Density
|Alpha over DOW||=||0.12|
|Beta against DOW||=||0.0035|