|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 1.24 ||30 days|| 1.24 || ABOUT 38.64%|
Based on normal probability distribution, the odds of Sanlam BIFM to move above current price in 30 days from now is about 38.64% (This Sanlam BIFM World Equity A USD Acc probability density function shows the probability of Sanlam BIFM Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Sanlam BIFM has beta of 0.2946 . This indicates as returns on market go up, Sanlam BIFM average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Sanlam BIFM World Equity A USD Acc will be expected to be much smaller as well. Moreover Sanlam BIFM World Equity A USD Acc has an alpha of 1.2072 implying that it can potentially generate 1.2072% excess return over DOW after adjusting for the inherited market risk (beta).
Sanlam BIFM Price Density
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|Current Price || ||Target Price || |