|Horizon||30 Days Login to change|
Harding Loevner Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|1.24||30 days||1.24||ABOUT 53.2%|
Based on normal probability distribution, the odds of Harding Loevner to move above current price in 30 days from now is about 53.2% (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 -0.1693 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 The company has an alpha of 0.1356 implying that it can potentially generate 0.1356% excess return over DOW after adjusting for the inherited market risk (beta).
Harding Loevner Price Density
|Alpha over DOW||=||0.14|
|Beta against DOW||=||0.17|