|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 0.00 ||30 days|| 0.00 || UNDER 95%|
Based on normal probability distribution, the odds of Wellington Glbl to move above current price in 30 days from now is under 95% (This Wellington Glbl Strat Sov AUD T Acc H probability density function shows the probability of Wellington Glbl Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Wellington Glbl Strat Sov AUD T Acc H has beta of -0.0062 suggesting as returns on benchmark increase, returns on holding Wellington Glbl are expected to decrease at a much smaller rate. During bear market, however, Wellington Glbl Strat Sov AUD T Acc H is likely to outperform the market. Additionally Wellington Glbl Strat Sov AUD T Acc H has an alpha of 0.0108 implying that it can potentially generate 0.0108% excess return over DOW after adjusting for the inherited market risk (beta).
Wellington Glbl Price Density
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|Current Price || ||Target Price || |