|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 64.73 ||30 days|| 64.73 || ROUGHLY 2.03%|
Based on normal probability distribution, the odds of First State to move above current price in 30 days from now is roughly 2.03% (This First State Indian Subcontinent II probability density function shows the probability of First State Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, First State Indian Subcontinent II has beta of -0.1241 suggesting as returns on benchmark increase, returns on holding First State are expected to decrease at a much smaller rate. During bear market, however, First State Indian Subcontinent II is likely to outperform the market. Additionally First State Indian Subcontinent II has an alpha of 0.0353 implying that it can potentially generate 0.0353% excess return over DOW after adjusting for the inherited market risk (beta).
First State Price Density
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|Current Price || ||Target Price || |