|Horizon||30 Days Login to change|
TIAA Emerging Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|23.07||30 days||23.07||ABOUT 40.51%|
Based on normal probability distribution, the odds of TIAA Emerging to move above current price in 30 days from now is about 40.51% (This TIAA Emerging Markets Dbt A USD Acc probability density function shows the probability of TIAA Emerging Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, TIAA Emerging Markets Dbt A USD Acc has beta of -0.033 suggesting as returns on benchmark increase, returns on holding TIAA Emerging are expected to decrease at a much smaller rate. During bear market, however, TIAA Emerging Markets Dbt A USD Acc is likely to outperform the market. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. TIAA Emerging Markets is significantly underperforming DOW.
TIAA Emerging Price Density
|Alpha over DOW||=||0.09|
|Beta against DOW||=||0.03|