|Horizon||30 Days Login to change|
Absolute Insight Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|98.00||30 days||98.00||ABOUT 5.08%|
Based on normal probability distribution, the odds of Absolute Insight to move above current price in 30 days from now is about 5.08% (This Absolute Insight Currency B2p GBP probability density function shows the probability of Absolute Insight Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, the fund has beta coefficient of 7.4549 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average . However, if the benchmark returns are expected to be negative, Absolute Insight will likely underperform. In addition to that The company has an alpha of 215.0726 implying that it can potentially generate 215.0726% excess return over DOW after adjusting for the inherited market risk (beta).
Absolute Insight Price Density
|Alpha over DOW||=||215.07|
|Beta against DOW||=||7.45|