|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 12.45 ||30 days|| 12.45 || ABOUT 25.58%|
Based on normal probability distribution, the odds of Polar Capital to move above current price in 30 days from now is about 25.58% (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 0.0713 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 Polar Capital European Income S Acc has an alpha of 0.0919 implying that it can potentially generate 0.0919% excess return over DOW after adjusting for the inherited market risk (beta).
Polar Capital Price Density
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|Current Price || ||Target Price || |