|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 12.89 ||30 days|| 12.89 || ABOUT 20.23%|
Based on normal probability distribution, the odds of Guinness Global to move above current price in 30 days from now is about 20.23% (This Guinness Global Equity Income Y USD Acc probability density function shows the probability of Guinness Global Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Guinness Global has beta of 0.2548 . This indicates as returns on market go up, Guinness Global average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Guinness Global Equity Income Y USD Acc will be expected to be much smaller as well. Additionally Guinness Global Equity Income Y USD Acc has an alpha of 0.1763 implying that it can potentially generate 0.1763% excess return over DOW after adjusting for the inherited market risk (beta).
Guinness Global Price Density
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|Current Price || ||Target Price || |