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Ab Cap Probability of Target Price Finishing Above 14.37

AB
GCEYX -- USA Fund  

USD 13.27  0.21  1.61%

Ab Cap probability of target price tool provides mechanism to make assumptions about upside and downside potential of Ab Cap Fund Inc - Ab Global Core Equity Portfo 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 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.
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Ab Cap Target Price Odds to finish below 14.37

Current PriceHorizonTarget PriceOdds to stay under $ 14.37  after 30 days
 13.27 30 days 14.37 
about 91.08
Based on normal probability distribution, the odds of Ab Cap to stay under $ 14.37  after 30 days from now is about 91.08 (This Ab Cap Fund Inc - Ab Global Core Equity Portfo probability density function shows the probability of Ab Cap Mutual Fund to fall within a particular range of prices over 30 days) . Probability of Ab Cap Fund price to stay between its current price of $ 13.27  and $ 14.37  at the end of the 30-day period is about 91.19 .
Assuming 30 trading days horizon, Ab Cap has beta of 0.2472 . This indicates as returns on market go up, Ab Cap average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Ab Cap Fund Inc - Ab Global Core Equity Portfo will be expected to be much smaller as well. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Ab Cap Fund is significantly underperforming DOW.
 Ab Cap Price Density 
    
  Price 
α
Alpha over DOW
=0.1
β
Beta against DOW=0.25
σ
Overall volatility
=0.25
Ir
Information ratio =0.05

Ab Cap Alerts and Suggestions

Ab Cap Fund generates negative expected return over the last 30 days
The fund retains 99.36% of its assets under management (AUM) in equities

Ab CapPrice Density Drivers