|Horizon||30 Days Login to change|
First State Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|12.01||30 days||12.01||ABOUT 12.17%|
Based on normal probability distribution, the odds of First State to move above current price in 30 days from now is about 12.17% (This First State Glbl Listed Infra I Acc probability density function shows the probability of First State Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, First State has beta of 0.0117 . This indicates as returns on market go up, First State average returns are expected to increase less than the benchmark. However during bear market, the loss on holding First State Glbl Listed Infra I Acc will be expected to be much smaller as well. Additionally The company has an alpha of 0.0305 implying that it can potentially generate 0.0305% excess return over DOW after adjusting for the inherited market risk (beta).
First State Price Density
|Alpha over DOW||=||0.030489|
|Beta against DOW||=||0.0117|