|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 182.00 ||30 days|| 182.00 || ABOUT 14.18%|
Based on normal probability distribution, the odds of Majedie Asset to move above current price in 30 days from now is about 14.18% (This Majedie Asset Mgmt US Equity Z GBP Acc probability density function shows the probability of Majedie Asset Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Majedie Asset has beta of 0.1079 . This indicates as returns on market go up, Majedie Asset average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Majedie Asset Mgmt US Equity Z GBP Acc will be expected to be much smaller as well. Additionally Majedie Asset Mgmt US Equity Z GBP Acc has an alpha of 0.1861 implying that it can potentially generate 0.1861% excess return over DOW after adjusting for the inherited market risk (beta).
Majedie Asset Price Density