|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 12.70 ||30 days|| 12.70 || ABOUT 24.54%|
Based on normal probability distribution, the odds of Guinness Global to move above current price in 30 days from now is about 24.54% (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 0.0 . This indicates unless we do not have required data, the returns on DOW and Guinness Global are completely uncorrelated. Additionally Guinness Global Equity Income Y USD AccIt does not look like Guinness Global alpha can have any bearing on the equity current valuation.
Guinness Global Price Density
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|Current Price || ||Target Price || |