|Horizon||30 Days Login to change|
Old Mutual Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|15.50||30 days||15.50||ABOUT 9.65%|
Based on normal probability distribution, the odds of Old Mutual to move above current price in 30 days from now is about 9.65% (This Old Mutual European Equity A USD Acc probability density function shows the probability of Old Mutual Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, Old Mutual has beta of 0.0247 . This indicates as returns on market go up, Old Mutual average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Old Mutual European Equity A USD Acc 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. Old Mutual European is significantly underperforming DOW.
Old Mutual Price Density
|Alpha over DOW||=||0.05|
|Beta against DOW||=||0.0247|