|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 1,400 ||30 days|| 1,400 || ABOUT 22.37%|
Based on normal probability distribution, the odds of Sanlam FOUR to move above current price in 30 days from now is about 22.37% (This Sanlam FOUR Stable Global Eq A GBP Acc probability density function shows the probability of Sanlam FOUR Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Sanlam FOUR Stable Global Eq A GBP Acc has beta of -0.0367 suggesting as returns on benchmark increase, returns on holding Sanlam FOUR are expected to decrease at a much smaller rate. During bear market, however, Sanlam FOUR Stable Global Eq A GBP Acc is likely to outperform the market. Additionally Sanlam FOUR Stable Global Eq A GBP Acc has an alpha of 0.3498 implying that it can potentially generate 0.3498% excess return over DOW after adjusting for the inherited market risk (beta).
Sanlam FOUR Price Density