|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 208.47 ||30 days|| 208.47 || ABOUT 11.3%|
Based on normal probability distribution, the odds of PineBridge Global to move above current price in 30 days from now is about 11.3% (This PineBridge Global Focus Equity Y probability density function shows the probability of PineBridge Global Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, PineBridge Global Focus Equity Y has beta of -0.1517 suggesting as returns on benchmark increase, returns on holding PineBridge Global are expected to decrease at a much smaller rate. During bear market, however, PineBridge Global Focus Equity Y is likely to outperform the market. Additionally PineBridge Global Focus Equity Y has an alpha of 0.2343 implying that it can potentially generate 0.2343% excess return over DOW after adjusting for the inherited market risk (beta).
PineBridge Global Price Density
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|Current Price || ||Target Price || |