|Horizon||30 Days Login to change|
Hancock Horizon Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|12.57||30 days||12.57||ABOUT 32.26%|
Based on normal probability distribution, the odds of Hancock Horizon to move above current price in 30 days from now is about 32.26% (This Hancock Horizon Diversified Income Inv probability density function shows the probability of Hancock Horizon Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, Hancock Horizon has beta of 0.0167 . This indicates as returns on market go up, Hancock Horizon average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Hancock Horizon Diversified Income Inv 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. Hancock Horizon Dive is significantly underperforming DOW.
Hancock Horizon Price Density
|Alpha over DOW||=||0.07|
|Beta against DOW||=||0.0167|