|Horizon||30 Days Login to change|
iShares Global Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|24.12||30 days||24.12||ABOUT 21.18%|
Based on normal probability distribution, the odds of iShares Global to move above current price in 30 days from now is about 21.18% (This iShares Global Infras ETF USD Dist probability density function shows the probability of iShares Global Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, iShares Global Infras ETF USD Dist has beta of -0.2072 . This indicates as returns on benchmark increase, returns on holding iShares Global are expected to decrease at a much smaller rate. During bear market, however, iShares Global Infras ETF USD Dist is likely to outperform the market. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. iShares Global Infras is significantly underperforming DOW.
iShares Global Price Density
|Alpha over DOW||=||0.04|
|Beta against DOW||=||0.21|