|Horizon||30 Days Login to change|
JM Equity Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|27.55||30 days||27.55||ABOUT 14.55%|
Based on normal probability distribution, the odds of JM Equity to move above current price in 30 days from now is about 14.55% (This JM Equity Dir Div probability density function shows the probability of JM Equity Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, JM Equity Dir Div has beta of -0.0772 . This indicates as returns on benchmark increase, returns on holding JM Equity are expected to decrease at a much smaller rate. During bear market, however, JM Equity Dir Div is likely to outperform the market. Additionally The company has an alpha of 0.0488 implying that it can potentially generate 0.0488% excess return over DOW after adjusting for the inherited market risk (beta).
JM Equity Price Density
|Alpha over DOW||=||0.048752|
|Beta against DOW||=||0.08|