Sanlam World probability of target price tool provides mechanism to make assumptions about upside and downside potential of Sanlam World Equity Tracker E performance during a given time horizon utilizing its historical volatility. Please specify Sanlam World time horizon, a valid symbol (red box) and a target price (blue box) you would like Sanlam World odds to be computed. Please also check Risk vs Return Analysis.
|Horizon||30 Days Login to change|
Sanlam World Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|2.31||30 days||2.31||ABOUT 18.39%|
Based on normal probability distribution, the odds of Sanlam World to move above current price in 30 days from now is about 18.39% (This Sanlam World Equity Tracker E probability density function shows the probability of Sanlam World Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, Sanlam World has beta of 0.0712 . This indicates as returns on market go up, Sanlam World average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Sanlam World Equity Tracker E will be expected to be much smaller as well. Additionally Sanlam World Equity Tracker E has an alpha of 0.0355 implying that it can potentially generate 0.0355% excess return over DOW after adjusting for the inherited market risk (beta).
Sanlam World Price Density
|Alpha over DOW||=||0.03552|
|Beta against DOW||=||0.07|