|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 10.83 ||30 days|| 10.83 || ABOUT 21.56%|
Based on normal probability distribution, the odds of Polar Capital to move above current price in 30 days from now is about 21.56% (This Polar Capital Europeanome S 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 Europeanome S has beta of -0.1466 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 Europeanome S is likely to outperform the market. Additionally Polar Capital Europeanome S has an alpha of 0.1199 implying that it can potentially generate 0.1199% excess return over DOW after adjusting for the inherited market risk (beta).
Polar Capital Price Density
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|Current Price || ||Target Price || |