|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 15,460 ||30 days|| 15,460 || ABOUT 23.83%|
Based on normal probability distribution, the odds of Mercer Passive to move above current price in 30 days from now is about 23.83% (This Mercer Passive Global Equity Z 1 probability density function shows the probability of Mercer Passive Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Mercer Passive Global Equity Z 1 has beta of -0.1777 suggesting as returns on benchmark increase, returns on holding Mercer Passive are expected to decrease at a much smaller rate. During bear market, however, Mercer Passive Global Equity Z 1 is likely to outperform the market. Additionally Mercer Passive Global Equity Z 1 has an alpha of 0.494 implying that it can potentially generate 0.494% excess return over DOW after adjusting for the inherited market risk (beta).
Mercer Passive Price Density