|Horizon||30 Days Login to change|
WBI SMID Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|16.59||30 days||16.59||ABOUT 98.0%|
Based on normal probability distribution, the odds of WBI SMID to move above current price in 30 days from now is about 98.0% (This WBI SMID TACTICAL YIELD probability density function shows the probability of WBI SMID ETF to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, WBI SMID has beta of 0.4208 . This implies as returns on market go up, WBI SMID average returns are expected to increase less than the benchmark. However during bear market, the loss on holding WBI SMID TACTICAL YIELD will be expected to be much smaller as well. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. WBI SMID TACTICAL is significantly underperforming DOW.
WBI SMID Price Density
|Alpha over DOW||=||0.42|
|Beta against DOW||=||0.42|