|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 2.61 ||30 days|| 2.61 || NEAR 1%|
Based on normal probability distribution, the odds of BNY Mellon to move above current price in 30 days from now is near 1% (This BNY Mellon SP 500 Idx Tracker A USD probability density function shows the probability of BNY Mellon Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, BNY Mellon has beta of 0.0 . This indicates unless we do not have required data, the returns on DOW and BNY Mellon are completely uncorrelated. Additionally BNY Mellon SP 500 Idx Tracker A USDIt does not look like BNY Mellon alpha can have any bearing on the equity current valuation.
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