|Horizon||30 Days Login to change|
Old Mutual Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|1,043||30 days||1,043||ABOUT 31.36%|
Based on normal probability distribution, the odds of Old Mutual to move above current price in 30 days from now is about 31.36% (This Old Mutual UK Alpha A GBP Acc probability density function shows the probability of Old Mutual Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, Old Mutual has beta of 0.0248 . This indicates as returns on market go up, Old Mutual average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Old Mutual UK Alpha A GBP Acc will be expected to be much smaller as well. Additionally The company has an alpha of 0.1078 implying that it can potentially generate 0.1078% excess return over DOW after adjusting for the inherited market risk (beta).
Old Mutual Price Density
|Alpha over DOW||=||0.11|
|Beta against DOW||=||0.0248|