FT 7457 Probability of Target Price Finishing Over Current Price

FGMTEX -- USA Fund  

USD 9.46  0.10  1.07%

FT 7457 probability of target price tool provides mechanism to make assumptions about upside and downside potential of FT 7457 Senior Loan And Divide performance during a given time horizon utilizing its historical volatility. Please specify FT 7457 time horizon, a valid symbol (red box) and a target price (blue box) you would like FT 7457 odds to be computed. Additionally see Investing Opportunities.
Horizon     30 Days    Login   to change
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FT 7457 Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 9.46 30 days 9.46 
about 15.28
Based on normal probability distribution, the odds of FT 7457 to move above current price in 30 days from now is about 15.28 (This FT 7457 Senior Loan And Divide probability density function shows the probability of FT 7457 Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, FT 7457 Senior Loan And Divide has beta of -0.0198 suggesting as returns on benchmark increase, returns on holding FT 7457 are expected to decrease at a much smaller rate. During bear market, however, FT 7457 Senior Loan And Divide is likely to outperform the market. Additionally The company has an alpha of 0.2246 implying that it can potentially generate 0.2246% excess return over DOW after adjusting for the inherited market risk (beta).
 FT 7457 Price Density 
      Price 
α
Alpha over DOW
=0.22
β
Beta against DOW=0.02
σ
Overall volatility
=0.06
Ir
Information ratio =0.53

FT 7457 Alerts and Suggestions

FT 7457 Senior is not yet fully synchronised with the market data
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