|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 53.26 ||30 days|| 53.26 || ABOUT 44.52%|
Based on normal probability distribution, the odds of Russell Emerg to move above current price in 30 days from now is about 44.52% (This Russell Emerg Mkts Eq J probability density function shows the probability of Russell Emerg Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Russell Emerg Mkts Eq J has beta of -0.3218 suggesting as returns on benchmark increase, returns on holding Russell Emerg are expected to decrease at a much smaller rate. During bear market, however, Russell Emerg Mkts Eq J is likely to outperform the market. Additionally Russell Emerg Mkts Eq J has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Russell Emerg Price Density
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|Current Price || ||Target Price || |