|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 12,178 ||30 days|| 12,178 || ABOUT 22.8%|
Based on normal probability distribution, the odds of Mercer Global to move above current price in 30 days from now is about 22.8% (This Mercer Global High Yield Bond M 5 Acc probability density function shows the probability of Mercer Global Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Mercer Global has beta of 0.7755 . This indicates as returns on market go up, Mercer Global average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Mercer Global High Yield Bond M 5 Acc will be expected to be much smaller as well. Additionally Mercer Global High Yield Bond M 5 Acc has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Mercer Global Price Density
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|Current Price || ||Target Price || |