|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 12,392 ||30 days|| 12,392 || ABOUT 31.71%|
Based on normal probability distribution, the odds of INBND 61 to move above current price in 30 days from now is about 31.71% (This INBND-61 probability density function shows the probability of INBND 61 ETF to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, INBND 61 has beta of 0.0051 . This indicates as returns on market go up, INBND 61 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding INBND-61 will be expected to be much smaller as well. Additionally INBND-61 has an alpha of 0.008 implying that it can potentially generate 0.008% excess return over DOW after adjusting for the inherited market risk (beta).