|Horizon||30 Days Login to change|
Brandes Global Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|22.18||30 days||22.18||ABOUT 1.63%|
Based on normal probability distribution, the odds of Brandes Global to move above current price in 30 days from now is about 1.63% (This Brandes Global Value I Euro Acc probability density function shows the probability of Brandes Global Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, Brandes Global has beta of 0.0012 . This indicates as returns on market go up, Brandes Global average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Brandes Global Value I Euro Acc will be expected to be much smaller as well. Additionally The company has an alpha of 0.0533 implying that it can potentially generate 0.0533% excess return over DOW after adjusting for the inherited market risk (beta).
Brandes Global Price Density
|Alpha over DOW||=||0.05|
|Beta against DOW||=||0.0012|