|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 1.48 ||30 days|| 1.48 || ABOUT 24.15%|
Based on normal probability distribution, the odds of Harding Loevner to move above current price in 30 days from now is about 24.15% (This Harding Loevner Global Equity SGD M probability density function shows the probability of Harding Loevner Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Harding Loevner Global Equity SGD M has beta of -0.1216 suggesting as returns on benchmark increase, returns on holding Harding Loevner are expected to decrease at a much smaller rate. During bear market, however, Harding Loevner Global Equity SGD M is likely to outperform the market. Additionally Harding Loevner Global Equity SGD M has an alpha of 0.5704 implying that it can potentially generate 0.5704% excess return over DOW after adjusting for the inherited market risk (beta).
Harding Loevner Price Density
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