|Horizon||30 Days Login to change|
Dimensional Glbl Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|10.21||30 days||10.21||ABOUT 21.31%|
Based on normal probability distribution, the odds of Dimensional Glbl to move above current price in 30 days from now is about 21.31% (This Dimensional Glbl Sht Fxd Inc USD probability density function shows the probability of Dimensional Glbl Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, Dimensional Glbl has beta of 0.0023 . This indicates as returns on market go up, Dimensional Glbl average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Dimensional Glbl Sht Fxd Inc USD will be expected to be much smaller as well. Additionally The company has an alpha of 0.0146 implying that it can potentially generate 0.0146% excess return over DOW after adjusting for the inherited market risk (beta).
Dimensional Glbl Price Density
|Alpha over DOW||=||0.014574|
|Beta against DOW||=||0.0023|