|Horizon||30 Days Login to change|
Polar Capital Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|11.55||30 days||11.55||ABOUT 41.17%|
Based on normal probability distribution, the odds of Polar Capital to move above current price in 30 days from now is about 41.17% (This Polar Capital European Income S Acc probability density function shows the probability of Polar Capital Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, Polar Capital has beta of 0.0065 suggesting as returns on market go up, Polar Capital average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Polar Capital European Income S Acc will be expected to be much smaller as well. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Polar Capital European is significantly underperforming DOW.
Polar Capital Price Density
|Alpha over DOW||=||0.17|
|Beta against DOW||=||0.0065|