|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 2.86 ||30 days|| 2.86 || ABOUT 18.57%|
Based on normal probability distribution, the odds of Hermes Asia to move above current price in 30 days from now is about 18.57% (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 0.5982 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 a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Hermes Asia Price Density
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|Current Price || ||Target Price || |