|Horizon||30 Days Login to change|
Davy Ethical Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|191.92||30 days||191.92||ABOUT 40.92%|
Based on normal probability distribution, the odds of Davy Ethical to move above current price in 30 days from now is about 40.92% (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 has beta of 0.006 suggesting as returns on market go up, Davy Ethical average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Davy Ethical Equity A EUR Acc will be expected to be much smaller as well. Additionally The company has an alpha of 0.1791 implying that it can potentially generate 0.1791% excess return over DOW after adjusting for the inherited market risk (beta).
Davy Ethical Price Density
|Alpha over DOW||=||0.18|
|Beta against DOW||=||0.006|