|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 157.45 ||30 days|| 157.45 || ABOUT 24.91%|
Based on normal probability distribution, the odds of New Capital to move above current price in 30 days from now is about 24.91% (This New Capital Dynamic European Eq USD Ord probability density function shows the probability of New Capital Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, New Capital Dynamic European Eq USD Ord has beta of -0.1028 . This indicates as returns on benchmark increase, returns on holding New Capital are expected to decrease at a much smaller rate. During bear market, however, New Capital Dynamic European Eq USD Ord is likely to outperform the market. Additionally New Capital Dynamic European Eq USD Ord has an alpha of 0.2126 implying that it can potentially generate 0.2126% excess return over DOW after adjusting for the inherited market risk (beta).
New Capital Price Density
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|Current Price || ||Target Price || |