|Horizon||30 Days Login to change|
Invesco Asian Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|8.59||30 days||8.59||ABOUT 1.85%|
Based on normal probability distribution, the odds of Invesco Asian to move above current price in 30 days from now is about 1.85% (This Invesco Asian Equity Fund A probability density function shows the probability of Invesco Asian Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, Invesco Asian has beta of 0.003 . This indicates as returns on market go up, Invesco Asian average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Invesco Asian Equity Fund A 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. Invesco Asian Equity is significantly underperforming DOW.
Invesco Asian Price Density
|Alpha over DOW||=||0.07|
|Beta against DOW||=||0.003|