|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 9,617 ||30 days|| 9,617 || NEAR 1%|
Based on normal probability distribution, the odds of Man GLG to move above current price in 30 days from now is near 1% (This Man GLG Global Convertibles I JPY Acc probability density function shows the probability of Man GLG Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Man GLG Global Convertibles I JPY Acc has beta of -0.2476 suggesting as returns on benchmark increase, returns on holding Man GLG are expected to decrease at a much smaller rate. During bear market, however, Man GLG Global Convertibles I JPY Acc is likely to outperform the market. Additionally Man GLG Global Convertibles I JPY Acc has an alpha of 0.8387 implying that it can potentially generate 0.8387% excess return over DOW after adjusting for the inherited market risk (beta).
| || |
|Current Price || ||Target Price || |