|Horizon||30 Days Login to change|
Wellington Global Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|1,056||30 days||1,056||ABOUT 8.87%|
Based on normal probability distribution, the odds of Wellington Global to move above current price in 30 days from now is about 8.87% (This Wellington Global Crdt Pls G GBP Dis 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, the fund has beta coefficient of 1.2686 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average . However, if the benchmark returns are expected to be negative, Wellington Global will likely underperform. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Wellington Global Crdt is significantly underperforming DOW.
Wellington Global Price Density
|Alpha over DOW||=||2.33|
|Beta against DOW||=||1.27|