|Horizon||30 Days Login to change|
Nomura Fds Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|100.28||30 days||100.28||ABOUT 25.81%|
Based on normal probability distribution, the odds of Nomura Fds to move above current price in 30 days from now is about 25.81% (This Nomura Fds Emerg Mrkt Lcl Ccy probability density function shows the probability of Nomura Fds Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, Nomura Fds Emerg Mrkt Lcl Ccy has beta of -0.0141 suggesting as returns on benchmark increase, returns on holding Nomura Fds are expected to decrease at a much smaller rate. During bear market, however, Nomura Fds Emerg Mrkt Lcl Ccy is likely to outperform the market. Additionally Nomura Fds Emerg Mrkt Lcl Ccy has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW.
Nomura Fds Price Density
|Alpha over DOW||=||0.14|
|Beta against DOW||=||0.01|