|Horizon||30 Days Login to change|
Old Mutual Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|896.00||30 days||896.00||ABOUT 32.48%|
Based on normal probability distribution, the odds of Old Mutual to move above current price in 30 days from now is about 32.48% (This Old Mutual IG Corporate Bd U1 GBP H probability density function shows the probability of Old Mutual Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, Old Mutual IG Corporate Bd U1 GBP H has beta of -0.001 suggesting as returns on benchmark increase, returns on holding Old Mutual are expected to decrease at a much smaller rate. During bear market, however, Old Mutual IG Corporate Bd U1 GBP H is likely to outperform the market. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Old Mutual IG is significantly underperforming DOW.
Old Mutual Price Density
|Alpha over DOW||=||0.18|
|Beta against DOW||=||0.001|