|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 2.85 ||30 days|| 2.85 || 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 0.0 suggesting unless we do not have required data, the returns on DOW and Hermes Asia are completely uncorrelated. Additionally Hermes Asia Ex Japan Equity C EUR AccIt does not look like Hermes Asia alpha can have any bearing on the equity current valuation.
Hermes Asia Price Density
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|Current Price || ||Target Price || |