Old Mutual probability of target price tool provides mechanism to make assumptions about upside and downside potential of Old Mutual Eurp Ex UK Smlr Coms R performance during a given time horizon utilizing its historical volatility. Please specify Old Mutual time horizon, a valid symbol (red box) and a target price (blue box) you would like Old Mutual odds to be computed. Please also check Risk vs Return Analysis.
|Horizon||30 Days Login to change|
Old Mutual Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|0.00||30 days||0.00||UNDER 95%|
Based on normal probability distribution, the odds of Old Mutual to move above current price in 30 days from now is under 95% (This Old Mutual Eurp Ex UK Smlr Coms R probability density function shows the probability of Old Mutual Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, Old Mutual Eurp Ex UK Smlr Coms R has beta of -0.0331 . This indicates as returns on benchmark increase, returns on holding Old Mutual are expected to decrease at a much smaller rate. During bear market, however, Old Mutual Eurp Ex UK Smlr Coms R is likely to outperform the market. Additionally The company has an alpha of 0.2058 implying that it can potentially generate 0.2058% excess return over DOW after adjusting for the inherited market risk (beta).
Old Mutual Price Density
|Alpha over DOW||=||0.21|
|Beta against DOW||=||0.03|