|Horizon||30 Days Login to change|
IE00BHZKHW42 Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|8.71||30 days||8.71||ABOUT 29.8%|
Based on normal probability distribution, the odds of IE00BHZKHW42 to move above current price in 30 days from now is about 29.8% (This IE00BHZKHW42 probability density function shows the probability of IE00BHZKHW42 Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, IE00BHZKHW42 has beta of -0.0879 . This indicates as returns on benchmark increase, returns on holding IE00BHZKHW42 are expected to decrease at a much smaller rate. During bear market, however, IE00BHZKHW42 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. IE00BHZKHW42 is significantly underperforming DOW.
IE00BHZKHW42 Price Density
|Alpha over DOW||=||0.05|
|Beta against DOW||=||0.09|