|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 7,999 ||30 days|| 7,999 || ABOUT 19.31%|
Based on normal probability distribution, the odds of PEPRA 15 to move above current price in 30 days from now is about 19.31% (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 0.2916 . 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 PEPRA-15 has an alpha of 0.0528 implying that it can potentially generate 0.0528% excess return over DOW after adjusting for the inherited market risk (beta).
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