|Horizon||30 Days Login to change|
Wellington Glbl Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|10.23||30 days||10.23||ABOUT 29.7%|
Based on normal probability distribution, the odds of Wellington Glbl to move above current price in 30 days from now is about 29.7% (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 has beta of 0.0014 suggesting as returns on market go up, Wellington Glbl average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Wellington Glbl Strat Sov AUD T Acc H will be expected to be much smaller as well. Additionally The company has an alpha of 0.008 implying that it can potentially generate 0.008% excess return over DOW after adjusting for the inherited market risk (beta).
Wellington Glbl Price Density
|Alpha over DOW||=||0.007975|
|Beta against DOW||=||0.0014|