|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 2.32 ||30 days|| 2.32 || ROUGHLY 2.06%|
Based on normal probability distribution, the odds of Hermes Multi to move above current price in 30 days from now is roughly 2.06% (This Hermes Multi Strategy Credit F USD Acc probability density function shows the probability of Hermes Multi Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Hermes Multi has beta of 0.0 . This indicates unless we do not have required data, the returns on DOW and Hermes Multi are completely uncorrelated. Additionally Hermes Multi Strategy Credit F USD AccIt does not look like Hermes Multi alpha can have any bearing on the equity current valuation.
Hermes Multi Price Density