|Horizon||30 Days Login to change|
PEPRA 15 Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|7,999||30 days||7,999||ABOUT 21.02%|
Based on normal probability distribution, the odds of PEPRA 15 to move above current price in 30 days from now is about 21.02% (This PEPRA-15 probability density function shows the probability of PEPRA 15 ETF to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, PEPRA 15 has beta of 0.3242 . This implies as returns on market go up, PEPRA 15 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding PEPRA-15 will be expected to be much smaller as well. Additionally The company has an alpha of 0.0634 implying that it can potentially generate 0.0634% excess return over DOW after adjusting for the inherited market risk (beta).
PEPRA 15 Price Density
|Alpha over DOW||=||0.06|
|Beta against DOW||=||0.32|