AB Cap Probability of Target Price Finishing Over Current Price

GCECX -- USA Fund  

USD 13.60  0.10  0.73%

AB Cap probability of target price tool provides mechanism to make assumptions about upside and downside potential of AB Cap Fund Inc AB Global C performance during a given time horizon utilizing its historical volatility. Please specify AB Cap time horizon, a valid symbol (red box) and a target price (blue box) you would like AB Cap odds to be computed. Please also check AB Cap Backtesting, Portfolio Optimization, AB Cap Correlation, AB Cap Hype Analysis, AB Cap Volatility, AB Cap History as well as AB Cap Performance.
Horizon     30 Days    Login   to change
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AB Cap Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 13.60 30 days 13.60 
nearly 4.05
Based on normal probability distribution, the odds of AB Cap to move above current price in 30 days from now is nearly 4.05 (This AB Cap Fund Inc AB Global C probability density function shows the probability of AB Cap Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, AB Cap Fund Inc AB Global C has beta of -0.0443 . This indicates as returns on benchmark increase, returns on holding AB Cap are expected to decrease at a much smaller rate. During bear market, however, AB Cap Fund Inc AB Global C is likely to outperform the market. Additionally The company has an alpha of 0.0995 implying that it can potentially generate 0.0995% excess return over DOW after adjusting for the inherited market risk (beta).
 AB Cap Price Density 
      Price 
α
Alpha over DOW
=0.1
β
Beta against DOW=0.04
σ
Overall volatility
=0.34
Ir
Information ratio =0.00011429

AB Cap Alerts and Suggestions

The fund retains 99.84% of its assets under management (AUM) in equities

AB CapPrice Density Drivers

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