|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 1.58 ||30 days|| 1.58 || ABOUT 16.28%|
Based on normal probability distribution, the odds of BNY Mellon to move above current price in 30 days from now is about 16.28% (This BNY Mellon Global Equity Inc USD W Acc probability density function shows the probability of BNY Mellon Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, BNY Mellon Global Equity Inc USD W Acc has beta of -0.0594 . This indicates as returns on benchmark increase, returns on holding BNY Mellon are expected to decrease at a much smaller rate. During bear market, however, BNY Mellon Global Equity Inc USD W Acc is likely to outperform the market. Additionally BNY Mellon Global Equity Inc USD W Acc has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW