|Horizon||30 Days Login to change|
Westwood Strat Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|1,109||30 days||1,109||ABOUT 30.4%|
Based on normal probability distribution, the odds of Westwood Strat to move above current price in 30 days from now is about 30.4% (This Westwood Strat Glbl Convert F USD Acc H probability density function shows the probability of Westwood Strat Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, Westwood Strat Glbl Convert F USD Acc H has beta of -0.0317 suggesting as returns on benchmark increase, returns on holding Westwood Strat are expected to decrease at a much smaller rate. During bear market, however, Westwood Strat Glbl Convert F USD Acc H is likely to outperform the market. Additionally The company has an alpha of 0.0883 implying that it can potentially generate 0.0883% excess return over DOW after adjusting for the inherited market risk (beta).
Westwood Strat Price Density
|Alpha over DOW||=||0.09|
|Beta against DOW||=||0.03|