|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 212.19 ||30 days|| 212.19 || ABOUT 6.76%|
Based on normal probability distribution, the odds of Davy Ethical to move above current price in 30 days from now is about 6.76% (This Davy Ethical Equity A EUR Acc probability density function shows the probability of Davy Ethical Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Davy Ethical Equity A EUR Acc has beta of -0.0582 suggesting as returns on benchmark increase, returns on holding Davy Ethical are expected to decrease at a much smaller rate. During bear market, however, Davy Ethical Equity A EUR Acc is likely to outperform the market. Additionally Davy Ethical Equity A EUR Acc has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Davy Ethical Price Density
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|Current Price || ||Target Price || |