|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 1,067 ||30 days|| 1,067 || NEAR 1%|
Based on normal probability distribution, the odds of PGIM Global to move above current price in 30 days from now is near 1% (This PGIM Global Total Return CAD Acc probability density function shows the probability of PGIM Global Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, PGIM Global Total Return CAD Acc has beta of -0.0151 . This indicates as returns on benchmark increase, returns on holding PGIM Global are expected to decrease at a much smaller rate. During bear market, however, PGIM Global Total Return CAD Acc is likely to outperform the market. Additionally PGIM Global Total Return CAD Acc has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
PGIM Global Price Density
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|Current Price || ||Target Price || |