|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 12.56 ||30 days|| 12.56 || ABOUT 22.78%|
Based on normal probability distribution, the odds of Polar Capital to move above current price in 30 days from now is about 22.78% (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 -0.2428 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 0.1118 implying that it can potentially generate 0.1118% excess return over DOW after adjusting for the inherited market risk (beta).
Polar Capital Price Density
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|Current Price || ||Target Price || |