|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 11.56 ||30 days|| 11.56 || ABOUT 5.36%|
Based on normal probability distribution, the odds of Wellington Global to move above current price in 30 days from now is about 5.36% (This Wellington Global Bond USD D Acc H probability density function shows the probability of Wellington Global Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Wellington Global has beta of 0.0138 . This indicates as returns on market go up, Wellington Global average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Wellington Global Bond USD D Acc H will be expected to be much smaller as well. Additionally Wellington Global Bond USD D Acc H has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Wellington Global Price Density
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|Current Price || ||Target Price || |