|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 225.61 ||30 days|| 225.61 || NEAR 1%|
Based on normal probability distribution, the odds of Russell Emerg to move above current price in 30 days from now is near 1% (This Russell Emerg Mkts Eq C probability density function shows the probability of Russell Emerg Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Russell Emerg has beta of 0.0 . This indicates unless we do not have required data, the returns on DOW and Russell Emerg are completely uncorrelated. Additionally Russell Emerg Mkts Eq CIt does not look like Russell Emerg alpha can have any bearing on the equity current valuation.
Russell Emerg Price Density
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|Current Price || ||Target Price || |