|Horizon||30 Days Login to change|
P9010 28 Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|12,345||30 days||12,345||ABOUT 28.68%|
Based on normal probability distribution, the odds of P9010 28 to move above current price in 30 days from now is about 28.68% (This P9010-28 probability density function shows the probability of P9010 28 ETF to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, P9010 28 has beta of 0.0277 . This implies as returns on market go up, P9010 28 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding P9010-28 will be expected to be much smaller as well. Additionally The company has an alpha of 0.0146 implying that it can potentially generate 0.0146% excess return over DOW after adjusting for the inherited market risk (beta).
P9010 28 Price Density
|Alpha over DOW||=||0.014567|
|Beta against DOW||=||0.0277|