|Horizon||30 Days Login to change|
Mercer Passive Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|107.60||30 days||107.60||ABOUT 37.59%|
Based on normal probability distribution, the odds of Mercer Passive to move above current price in 30 days from now is about 37.59% (This Mercer Passive Global Equity M 5 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 has beta of 0.0136 suggesting as returns on market go up, Mercer Passive average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Mercer Passive Global Equity M 5 will be expected to be much smaller as well. Additionally The company has an alpha of 0.1275 implying that it can potentially generate 0.1275% excess return over DOW after adjusting for the inherited market risk (beta).
Mercer Passive Price Density
|Alpha over DOW||=||0.13|
|Beta against DOW||=||0.0136|