|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 1.49 ||30 days|| 1.49 || ABOUT 30.88%|
Based on normal probability distribution, the odds of Harding Loevner to move above current price in 30 days from now is about 30.88% (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 -0.5929 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 0.5214 implying that it can potentially generate 0.5214% excess return over DOW after adjusting for the inherited market risk (beta).
Harding Loevner Price Density