|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 12,178 ||30 days|| 12,178 || ABOUT 27.06%|
Based on normal probability distribution, the odds of Mercer Global to move above current price in 30 days from now is about 27.06% (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 High Yield Bond M 5 Acc has beta of -0.1992 . This indicates as returns on benchmark increase, returns on holding Mercer Global are expected to decrease at a much smaller rate. During bear market, however, Mercer Global High Yield Bond M 5 Acc is likely to outperform the market. 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