|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 133.42 ||30 days|| 133.42 || ABOUT 23.91%|
Based on normal probability distribution, the odds of Mercer Passive to move above current price in 30 days from now is about 23.91% (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 Global Eq CCF M has beta of -0.2494 suggesting as returns on benchmark increase, returns on holding Mercer Passive are expected to decrease at a much smaller rate. During bear market, however, Mercer Passive Global Eq CCF M is likely to outperform the market. Additionally Mercer Passive Global Eq CCF M has an alpha of 0.2002 implying that it can potentially generate 0.2002% excess return over DOW after adjusting for the inherited market risk (beta).
Mercer Passive Price Density
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|Current Price || ||Target Price || |