|Horizon||30 Days Login to change|
Value Partners Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|10.75||30 days||10.75||ABOUT 44.08%|
Based on normal probability distribution, the odds of Value Partners to move above current price in 30 days from now is about 44.08% (This Value Partners Health Care A HKD Acc probability density function shows the probability of Value Partners Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, Value Partners Health Care A HKD Acc has beta of -0.4357 . This indicates as returns on benchmark increase, returns on holding Value Partners are expected to decrease at a much smaller rate. During bear market, however, Value Partners Health Care A HKD Acc is likely to outperform the market. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Value Partners Health is significantly underperforming DOW.
Value Partners Price Density
|Alpha over DOW||=||0.17|
|Beta against DOW||=||0.44|