|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 1.09 ||30 days|| 1.09 || ABOUT 29.02%|
Based on normal probability distribution, the odds of BNY Mellon to move above current price in 30 days from now is about 29.02% (This BNY Mellon Global Credit X CAD Hdg Acc probability density function shows the probability of BNY Mellon Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, BNY Mellon has beta of 0.0 suggesting unless we do not have required data, the returns on DOW and BNY Mellon are completely uncorrelated. Additionally BNY Mellon Global Credit X CAD Hdg AccIt does not look like BNY Mellon alpha can have any bearing on the equity current valuation.
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