|Horizon||30 Days Login to change|
PGIM Global Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|105.88||30 days||105.88||ABOUT 98.0%|
Based on normal probability distribution, the odds of PGIM Global to move above current price in 30 days from now is about 98.0% (This PGIM Global Real Estate Scrts USD I Acc probability density function shows the probability of PGIM Global Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, PGIM Global has beta of 0.0497 . This indicates as returns on market go up, PGIM Global average returns are expected to increase less than the benchmark. However during bear market, the loss on holding PGIM Global Real Estate Scrts USD I Acc will be expected to be much smaller as well. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. PGIM Global Real is significantly underperforming DOW.
PGIM Global Price Density
|Alpha over DOW||=||0.08|
|Beta against DOW||=||0.0497|