|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 10.78 ||30 days|| 10.78 || ABOUT 25.94%|
Based on normal probability distribution, the odds of Nedgroup Inv to move above current price in 30 days from now is about 25.94% (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 MultiFunds Balanced C USD has beta of -0.0394 . This indicates as returns on benchmark increase, returns on holding Nedgroup Inv are expected to decrease at a much smaller rate. During bear market, however, Nedgroup Inv MultiFunds Balanced C USD is likely to outperform the market. Additionally Nedgroup Inv MultiFunds Balanced C USD has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Nedgroup Inv Price Density
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|Current Price || ||Target Price || |