|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 157.91 ||30 days|| 157.91 || ABOUT 22.8%|
Based on normal probability distribution, the odds of New Capital to move above current price in 30 days from now is about 22.8% (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 has beta of 0.336 . This indicates as returns on market go up, New Capital average returns are expected to increase less than the benchmark. However during bear market, the loss on holding New Capital Dynamic European Eq USD Ord will be expected to be much smaller as well. Additionally New Capital Dynamic European Eq USD Ord has an alpha of 0.1728 implying that it can potentially generate 0.1728% excess return over DOW after adjusting for the inherited market risk (beta).
New Capital Price Density
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|Current Price || ||Target Price || |