|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 9.92 ||30 days|| 9.92 || ABOUT 24.47%|
Based on normal probability distribution, the odds of JPMorgan Municipal to move above current price in 30 days from now is about 24.47% (This JPMorgan Municipal Income B probability density function shows the probability of JPMorgan Municipal Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, JPMorgan Municipal has beta of 0.0074 . This implies as returns on market go up, JPMorgan Municipal average returns are expected to increase less than the benchmark. However during bear market, the loss on holding JPMorgan Municipal Income B will be expected to be much smaller as well. Additionally JPMorgan Municipal Income B has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
JPMorgan Municipal Price Density