|Horizon||30 Days Login to change|
Nomura Fds Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|106.72||30 days||106.72||ABOUT 38.56%|
Based on normal probability distribution, the odds of Nomura Fds to move above current price in 30 days from now is about 38.56% (This Nomura Fds Global Dyn Bd I EUR Hdg Acc probability density function shows the probability of Nomura Fds Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, Nomura Fds has beta of 0.0031 suggesting as returns on market go up, Nomura Fds average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Nomura Fds Global Dyn Bd I EUR Hdg Acc will be expected to be much smaller as well. Additionally The company has an alpha of 0.0055 implying that it can potentially generate 0.0055% excess return over DOW after adjusting for the inherited market risk (beta).
Nomura Fds Price Density
|Alpha over DOW||=||0.005538|
|Beta against DOW||=||0.0031|