Mediolanum probability of target price tool provides mechanism to make assumptions about upside and downside potential of Mediolanum BB Coupon SC LH A performance during a given time horizon utilizing its historical volatility. Please specify Mediolanum time horizon, a valid symbol (red box) and a target price (blue box) you would like Mediolanum odds to be computed. Please also check Risk vs Return Analysis.
|Horizon||30 Days Login to change|
Mediolanum 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||ABOUT 89.88%|
Based on normal probability distribution, the odds of Mediolanum to move above current price in 30 days from now is about 89.88% (This Mediolanum BB Coupon SC LH A probability density function shows the probability of Mediolanum Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, Mediolanum BB Coupon SC LH A has beta of -0.0156 . This indicates as returns on benchmark increase, returns on holding Mediolanum are expected to decrease at a much smaller rate. During bear market, however, Mediolanum BB Coupon SC LH A is likely to outperform the market. Additionally The company has an alpha of 0.0081 implying that it can potentially generate 0.0081% excess return over DOW after adjusting for the inherited market risk (beta).
Mediolanum Price Density
|Alpha over DOW||=||0.00806|
|Beta against DOW||=||0.02|