|Horizon||30 Days Login to change|
Comgest Growth Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|36.44||30 days||36.44||ABOUT 35.99%|
Based on normal probability distribution, the odds of Comgest Growth to move above current price in 30 days from now is about 35.99% (This Comgest Growth Emerging Mkts I USD Acc probability density function shows the probability of Comgest Growth Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, Comgest Growth Emerging Mkts I USD Acc has beta of -0.194 . This indicates as returns on benchmark increase, returns on holding Comgest Growth are expected to decrease at a much smaller rate. During bear market, however, Comgest Growth Emerging Mkts I USD Acc 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. Comgest Growth Emerging is significantly underperforming DOW.
Comgest Growth Price Density
|Alpha over DOW||=||0.31|
|Beta against DOW||=||0.19|