|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|
|756.05||30 days||756.05||NEARLY 4.43%|
Based on normal probability distribution, the odds of Russell OW to move above current price in 30 days from now is nearly 4.43% (This Russell OW Comm LN P 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 has beta of 0.018 . This indicates as returns on market go up, Russell OW average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Russell OW Comm LN P will be expected to be much smaller as well. Additionally The company has an alpha of 0.0131 implying that it can potentially generate 0.0131% excess return over DOW after adjusting for the inherited market risk (beta).
Russell OW Price Density
|Alpha over DOW||=||0.013137|
|Beta against DOW||=||0.018|