|Horizon||30 Days Login to change|
Darta X Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|10.53||30 days||10.53||CLOSE TO 99%|
Based on normal probability distribution, the odds of Darta X to move above current price in 30 days from now is close to 99% (This Darta X Team Pictet MAGO probability density function shows the probability of Darta X Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, Darta X Team Pictet MAGO has beta of -0.0277 suggesting as returns on benchmark increase, returns on holding Darta X are expected to decrease at a much smaller rate. During bear market, however, Darta X Team Pictet MAGO 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. Darta X Team is significantly underperforming DOW.
Darta X Price Density
|Alpha over DOW||=||0.11|
|Beta against DOW||=||0.03|