|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 2.91 ||30 days|| 2.91 || NEAR 1%|
Based on normal probability distribution, the odds of Hermes Asia to move above current price in 30 days from now is near 1% (This Hermes Asia Ex Japan Equity C EUR Acc probability density function shows the probability of Hermes Asia Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Hermes Asia has beta of 0.0251 suggesting as returns on market go up, Hermes Asia average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Hermes Asia Ex Japan Equity C EUR Acc will be expected to be much smaller as well. Additionally Hermes Asia Ex Japan Equity C EUR Acc has an alpha of 0.0181 implying that it can potentially generate 0.0181% excess return over DOW after adjusting for the inherited market risk (beta).
Hermes Asia Price Density