|Horizon||30 Days Login to change|
Sanlam FOUR Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|927.00||30 days||927.00||ABOUT 28.74%|
Based on normal probability distribution, the odds of Sanlam FOUR to move above current price in 30 days from now is about 28.74% (This Sanlam FOUR UK Income Opps Fndr Dis GBP probability density function shows the probability of Sanlam FOUR Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, Sanlam FOUR has beta of 0.0047 . This indicates as returns on market go up, Sanlam FOUR average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Sanlam FOUR UK Income Opps Fndr Dis GBP will be expected to be much smaller as well. Additionally The company has an alpha of 0.0033 implying that it can potentially generate 0.0033% excess return over DOW after adjusting for the inherited market risk (beta).
Sanlam FOUR Price Density
|Alpha over DOW||=||0.003295|
|Beta against DOW||=||0.0047|