|Horizon||30 Days Login to change|
Northern Trust Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|13.52||30 days||13.52||ABOUT 16.78%|
Based on normal probability distribution, the odds of Northern Trust to move above current price in 30 days from now is about 16.78% (This Northern Trust U S Fdmtl Idx B probability density function shows the probability of Northern Trust Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, Northern Trust U S Fdmtl Idx B has beta of -0.0129 suggesting as returns on benchmark increase, returns on holding Northern Trust are expected to decrease at a much smaller rate. During bear market, however, Northern Trust U S Fdmtl Idx B is likely to outperform the market. Additionally Northern Trust U S Fdmtl Idx B has an alpha of 0.7664 implying that it can potentially generate 0.7664% excess return over DOW after adjusting for the inherited market risk (beta).
Northern Trust Price Density
|Alpha over DOW||=||0.77|
|Beta against DOW||=||0.01|