|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 105.00 ||30 days|| 105.00 || ABOUT 16.99%|
Based on normal probability distribution, the odds of Nedgroup Inv to move above current price in 30 days from now is about 16.99% (This Nedgroup Inv Funds Global Cautious C H probability density function shows the probability of Nedgroup Inv Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Nedgroup Inv Funds Global Cautious C H has beta of -0.144 suggesting as returns on benchmark increase, returns on holding Nedgroup Inv are expected to decrease at a much smaller rate. During bear market, however, Nedgroup Inv Funds Global Cautious C H is likely to outperform the market. Additionally Nedgroup Inv Funds Global Cautious C H has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Nedgroup Inv Price Density
| || |
|Current Price || ||Target Price || |