|Horizon||30 Days Login to change|
Northern Trust Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|8.79||30 days||8.79||ABOUT 47.06%|
Based on normal probability distribution, the odds of Northern Trust to move above current price in 30 days from now is about 47.06% (This Northern Trust Euro Fundamental Idx A probability density function shows the probability of Northern Trust Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, Northern Trust Euro Fundamental Idx A has beta of -1.5558 . This indicates as returns on its benchmark rise, returns on holding Northern Trust Euro Fundamental Idx A are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Northern Trust is expected to outperform its benchmark. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Northern Trust Euro is significantly underperforming DOW.
Northern Trust Price Density
|Alpha over DOW||=||0.65|
|Beta against DOW||=||1.56|