|Horizon||30 Days Login to change|
Muzinich Europeyield Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|76.72||30 days||76.72||UNDER 95%|
Based on normal probability distribution, the odds of Muzinich Europeyield to move above current price in 30 days from now is under 95% (This Muzinich Europeyield A EUR Hdg probability density function shows the probability of Muzinich Europeyield Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, Muzinich Europeyield A EUR Hdg has beta of -0.2294 suggesting as returns on benchmark increase, returns on holding Muzinich Europeyield are expected to decrease at a much smaller rate. During bear market, however, Muzinich Europeyield A EUR Hdg is likely to outperform the market. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Muzinich Europeyield is significantly underperforming DOW.
Muzinich Europeyield Price Density
|Alpha over DOW||=||0.64|
|Beta against DOW||=||0.23|