|Horizon||30 Days Login to change|
Wellington Global Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|13.71||30 days||13.71||ABOUT 13.8%|
Based on normal probability distribution, the odds of Wellington Global to move above current price in 30 days from now is about 13.8% (This Wellington Global Bond USD S Acc H probability density function shows the probability of Wellington Global Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, Wellington Global has beta of 0.0503 . This indicates as returns on market go up, Wellington Global average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Wellington Global Bond USD S Acc H will be expected to be much smaller as well. Additionally The company has an alpha of 0.0044 implying that it can potentially generate 0.0044% excess return over DOW after adjusting for the inherited market risk (beta).
Wellington Global Price Density
|Alpha over DOW||=||0.004423|
|Beta against DOW||=||0.05|