|Horizon||30 Days Login to change|
Russell OW Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|2,232||30 days||2,232||ABOUT 90.22%|
Based on normal probability distribution, the odds of Russell OW to move above current price in 30 days from now is about 90.22% (This Russell OW Glb Listed Infra A probability density function shows the probability of Russell OW Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, Russell OW Glb Listed Infra A has beta of -0.1619 . This indicates as returns on benchmark increase, returns on holding Russell OW are expected to decrease at a much smaller rate. During bear market, however, Russell OW Glb Listed Infra A is likely to outperform the market. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Russell OW Glb is significantly underperforming DOW.
Russell OW Price Density
|Alpha over DOW||=||0.86|
|Beta against DOW||=||0.16|