|Horizon||30 Days Login to change|
New Capital Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|136.56||30 days||136.56||ABOUT 47.69%|
Based on normal probability distribution, the odds of New Capital to move above current price in 30 days from now is about 47.69% (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 -0.1713 . 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 The company has a negative alpha implying that the risk taken by holding this equity is not justified. New Capital Dynamic is significantly underperforming DOW.
New Capital Price Density
|Alpha over DOW||=||0.53|
|Beta against DOW||=||0.17|