|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 1,046 ||30 days|| 1,046 || ABOUT 10.32%|
Based on normal probability distribution, the odds of Wellington Global to move above current price in 30 days from now is about 10.32% (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, Wellington Global Crdt Pls G GBP Dis H has beta of -0.0078 . This indicates as returns on benchmark increase, returns on holding Wellington Global are expected to decrease at a much smaller rate. During bear market, however, Wellington Global Crdt Pls G GBP Dis H is likely to outperform the market. Additionally Wellington Global Crdt Pls G GBP Dis 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