|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 1,440 ||30 days|| 1,440 || ABOUT 15.16%|
Based on normal probability distribution, the odds of Sanlam FOUR to move above current price in 30 days from now is about 15.16% (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 -0.3199 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 0.2433 implying that it can potentially generate 0.2433% excess return over DOW after adjusting for the inherited market risk (beta).
Sanlam FOUR Price Density
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|Current Price || ||Target Price || |