|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|
|1,038||30 days||1,038||ABOUT 7.79%|
Based on normal probability distribution, the odds of Sanlam FOUR to move above current price in 30 days from now is about 7.79% (This Sanlam FOUR Multi Strat GBP A 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, the fund has beta coefficient of 29.9859 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average . However, if the benchmark returns are expected to be negative, Sanlam FOUR will likely underperform. In addition to that The company has an alpha of 228.6943 implying that it can potentially generate 228.6943% excess return over DOW after adjusting for the inherited market risk (beta).
Sanlam FOUR Price Density
|Alpha over DOW||=||228.69|
|Beta against DOW||=||29.99|