|Horizon||30 Days Login to change|
Polar Capital Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|197.00||30 days||197.00||ABOUT 25.55%|
Based on normal probability distribution, the odds of Polar Capital to move above current price in 30 days from now is about 25.55% (This Polar Capital Japan Alpha C GBP probability density function shows the probability of Polar Capital Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, Polar Capital Japan Alpha C GBP has beta of -0.0078 . This indicates as returns on benchmark increase, returns on holding Polar Capital are expected to decrease at a much smaller rate. During bear market, however, Polar Capital Japan Alpha C GBP is likely to outperform the market. Additionally The company has an alpha of 0.0793 implying that it can potentially generate 0.0793% excess return over DOW after adjusting for the inherited market risk (beta).
Polar Capital Price Density
|Alpha over DOW||=||0.08|
|Beta against DOW||=||0.0078|