|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 13.45 ||30 days|| 13.45 || ABOUT 14.63%|
Based on normal probability distribution, the odds of Wellington Global to move above current price in 30 days from now is about 14.63% (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 Bond USD S Acc H has beta of -0.0323 . This indicates as returns on benchmark increase, returns on holding Wellington Global are expected to decrease at a much smaller rate. During bear market, however, Wellington Global Bond USD S Acc H is likely to outperform the market. Additionally Wellington Global Bond USD S Acc H has an alpha of 0.0017 implying that it can potentially generate 0.0017% excess return over DOW after adjusting for the inherited market risk (beta).
Wellington Global Price Density