|Horizon||30 Days Login to change|
Hermes Global Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|2.18||30 days||2.18||ABOUT 20.51%|
Based on normal probability distribution, the odds of Hermes Global to move above current price in 30 days from now is about 20.51% (This Hermes Global Emerging Markets R USD probability density function shows the probability of Hermes Global Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, Hermes Global has beta of 0.0365 . This indicates as returns on market go up, Hermes Global average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Hermes Global Emerging Markets R USD will be expected to be much smaller as well. Additionally Hermes Global Emerging Markets R USD has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW.
Hermes Global Price Density
|Alpha over DOW||=||0.03|
|Beta against DOW||=||0.0365|