|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 1.19 ||30 days|| 1.19 || ABOUT 27.13%|
Based on normal probability distribution, the odds of Sanlam BIFM to move above current price in 30 days from now is about 27.13% (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 World Equity A USD Acc has beta of -0.0101 . This indicates as returns on benchmark increase, returns on holding Sanlam BIFM are expected to decrease at a much smaller rate. During bear market, however, Sanlam BIFM World Equity A USD Acc is likely to outperform the market. Additionally Sanlam BIFM World Equity A USD Acc has an alpha of 0.0513 implying that it can potentially generate 0.0513% excess return over DOW after adjusting for the inherited market risk (beta).
Sanlam BIFM Price Density