GS USD probability of target price tool provides mechanism to make assumptions about upside and downside potential of GS USD Treasury Liq Res Adm Acc performance during a given time horizon utilizing its historical volatility. Please specify GS USD time horizon, a valid symbol (red box) and a target price (blue box) you would like GS USD odds to be computed. Please also check Risk vs Return Analysis.
|Horizon||30 Days Login to change|
GS USD 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||OVER 95.32%|
Based on normal probability distribution, the odds of GS USD to move above current price in 30 days from now is over 95.32% (This GS USD Treasury Liq Res Adm Acc probability density function shows the probability of GS USD Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, GS USD Treasury Liq Res Adm Acc has beta of -0.0034 . This indicates as returns on benchmark increase, returns on holding GS USD are expected to decrease at a much smaller rate. During bear market, however, GS USD Treasury Liq Res Adm Acc is likely to outperform the market. Additionally The company has an alpha of 0.0322 implying that it can potentially generate 0.0322% excess return over DOW after adjusting for the inherited market risk (beta).
GS USD Price Density
|Alpha over DOW||=||0.032218|
|Beta against DOW||=||0.0034|