Stryx World probability of target price tool provides mechanism to make assumptions about upside and downside potential of Stryx World Growth GBP performance during a given time horizon utilizing its historical volatility. Please specify Stryx World time horizon, a valid symbol (red box) and a target price (blue box) you would like Stryx World odds to be computed. Please also check Risk vs Return Analysis.
|Horizon||30 Days Login to change|
Stryx World Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|30,703||30 days||30,703||NEAR 1%|
Based on normal probability distribution, the odds of Stryx World to move above current price in 30 days from now is near 1% (This Stryx World Growth GBP probability density function shows the probability of Stryx World Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, the fund has beta coefficient of 95.0 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are expected to be negative, Stryx World will likely underperform. In addition to that Stryx World Growth GBP has an alpha of 456.4493 implying that it can potentially generate 456.4493% excess return over DOW after adjusting for the inherited market risk (beta).
Stryx World Price Density
|Alpha over DOW||=||456.45|
|Beta against DOW||=||95.00|