|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 12.81 ||30 days|| 12.81 || ABOUT 24.83%|
Based on normal probability distribution, the odds of Guinness Global to move above current price in 30 days from now is about 24.83% (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 Equity Income Y USD Acc has beta of -0.1675 . This indicates as returns on benchmark increase, returns on holding Guinness Global are expected to decrease at a much smaller rate. During bear market, however, Guinness Global Equity Income Y USD Acc is likely to outperform the market. Additionally Guinness Global Equity Income Y USD Acc has an alpha of 0.2239 implying that it can potentially generate 0.2239% excess return over DOW after adjusting for the inherited market risk (beta).
Guinness Global Price Density