|Horizon||30 Days Login to change|
Man GLG Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|111.19||30 days||111.19||ABOUT 24.27%|
Based on normal probability distribution, the odds of Man GLG to move above current price in 30 days from now is about 24.27% (This Man GLG Eurp Mid Cap Eq Alt IN Acc probability density function shows the probability of Man GLG Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, Man GLG Eurp Mid Cap Eq Alt IN Acc has beta of -0.0144 . This indicates as returns on benchmark increase, returns on holding Man GLG are expected to decrease at a much smaller rate. During bear market, however, Man GLG Eurp Mid Cap Eq Alt IN Acc is likely to outperform the market. Additionally The company has an alpha of 0.0123 implying that it can potentially generate 0.0123% excess return over DOW after adjusting for the inherited market risk (beta).
Man GLG Price Density
|Alpha over DOW||=||0.012253|
|Beta against DOW||=||0.01|