|Horizon||30 Days Login to change|
Nedgroup Inv Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|10.51||30 days||10.51||ABOUT 36.54%|
Based on normal probability distribution, the odds of Nedgroup Inv to move above current price in 30 days from now is about 36.54% (This Nedgroup Inv MultiFunds Balanced C USD probability density function shows the probability of Nedgroup Inv Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, Nedgroup Inv has beta of 0.033 . This indicates as returns on market go up, Nedgroup Inv average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Nedgroup Inv MultiFunds Balanced C USD will be expected to be much smaller as well. Additionally The company has an alpha of 0.0427 implying that it can potentially generate 0.0427% excess return over DOW after adjusting for the inherited market risk (beta).
Nedgroup Inv Price Density
|Alpha over DOW||=||0.042685|
|Beta against DOW||=||0.033|