Sector Healthcare probability of target price tool provides mechanism to make assumptions about upside and downside potential of Sector Healthcare Fund EUR performance during a given time horizon utilizing its historical volatility. Please specify Sector Healthcare time horizon, a valid symbol (red box) and a target price (blue box) you would like Sector Healthcare odds to be computed. Please also check Risk vs Return Analysis.
|Horizon||30 Days Login to change|
Sector Healthcare Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|0.00||30 days||0.00||ABOUT 90.8%|
Based on normal probability distribution, the odds of Sector Healthcare to move above current price in 30 days from now is about 90.8% (This Sector Healthcare Fund EUR probability density function shows the probability of Sector Healthcare Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, Sector Healthcare has beta of 0.0 . This indicates the returns on DOW and Sector Healthcare do not appear to be highly reactive. Additionally It does not look like the company alpha can have any bearing on the equity current valuation.
Sector Healthcare Price Density
|Alpha over DOW||=||0.00|
|Beta against DOW||=||0.00|