|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 0.00 ||30 days|| 0.00 || UNDER 95%|
Based on normal probability distribution, the odds of Mercer Passive to move above current price in 30 days from now is under 95% (This Mercer Passive Global Eq CCF M probability density function shows the probability of Mercer Passive Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Mercer Passive has beta of 0.0523 suggesting as returns on market go up, Mercer Passive average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Mercer Passive Global Eq CCF M will be expected to be much smaller as well. Additionally Mercer Passive Global Eq CCF M has an alpha of 0.0825 implying that it can potentially generate 0.0825% excess return over DOW after adjusting for the inherited market risk (beta).
Mercer Passive Price Density