FT 4833 Probability of Target Price Finishing Over Current Price

    FLQCVX -- USA Fund  

    USD 9.74  0.18  1.81%

    FT 4833 probability of target price tool provides mechanism to make assumptions about upside and downside potential of FT 4833 Equity Income Select P performance during a given time horizon utilizing its historical volatility. Please specify FT 4833 time horizon, a valid symbol (red box) and a target price (blue box) you would like FT 4833 odds to be computed. Additionally see Investing Opportunities.
    Horizon     30 Days    Login   to change
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    FT 4833 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     9.74 30 days 9.74  ABOUT 10.14%
    Based on normal probability distribution, the odds of FT 4833 to move above current price in 30 days from now is about 10.14% (This FT 4833 Equity Income Select P probability density function shows the probability of FT 4833 Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, FT 4833 Equity Income Select P has beta of -0.3417 suggesting as returns on benchmark increase, returns on holding FT 4833 are expected to decrease at a much smaller rate. During bear market, however, FT 4833 Equity Income Select P is likely to outperform the market. Additionally FT 4833 Equity Income Select P has an alpha of 0.026 implying that it can potentially generate 0.026% excess return over DOW after adjusting for the inherited market risk (beta).
     FT 4833 Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.025977
    β
    Beta against DOW=0.34
    σ
    Overall volatility
    =4.84
    Ir
    Information ratio =0.1

    Current Sentiment - FLQCVX

    FT 4833 Equity Investor Sentiment

    Macroaxis portfolio users are insensible in their opinion about investing in FT 4833 Equity Income Select P. What is your opinion about investing in FT 4833 Equity Income Select P? Are you bullish or bearish?
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    Additionally see Investing Opportunities. Please also try Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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