|Horizon||30 Days Login to change|
Russell Emerg Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|50.07||30 days||50.07||ABOUT 60.7%|
Based on normal probability distribution, the odds of Russell Emerg to move above current price in 30 days from now is about 60.7% (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 -0.0288 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 The company has a negative alpha implying that the risk taken by holding this equity is not justified. Russell Emerg Mkts is significantly underperforming DOW.
Russell Emerg Price Density
|Alpha over DOW||=||0.12|
|Beta against DOW||=||0.03|