|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 12.10 ||30 days|| 12.10 || ABOUT 34.69%|
Based on normal probability distribution, the odds of Polar Capital to move above current price in 30 days from now is about 34.69% (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 European Income S Acc has beta of -0.0607 suggesting as returns on benchmark increase, returns on holding Polar Capital are expected to decrease at a much smaller rate. During bear market, however, Polar Capital European Income S Acc is likely to outperform the market. Additionally Polar Capital European Income S Acc has an alpha of 0.0968 implying that it can potentially generate 0.0968% excess return over DOW after adjusting for the inherited market risk (beta).
Polar Capital Price Density