PNC Multi Probability of Target Price Finishing Over 35.02

PEWAX -- USA Fund  

USD 33.64  0.29  0.87%

PNC Multi probability of target price tool provides mechanism to make assumptions about upside and downside potential of PNC Multi Factor Large Cap Grow performance during a given time horizon utilizing its historical volatility. Please specify PNC Multi time horizon, a valid symbol (red box) and a target price (blue box) you would like PNC Multi odds to be computed. Additionally take a look at PNC Multi Backtesting, Portfolio Optimization, PNC Multi Correlation, PNC Multi Hype Analysis, PNC Multi Volatility, PNC Multi History as well as PNC Multi Performance.
Horizon     30 Days    Login   to change
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PNC Multi Target Price Odds to finish over 35.02

Current PriceHorizonTarget PriceOdds to move over $ 35.02  or more in 30 days
 33.64 30 days 35.02 
nearly 4.74
Based on normal probability distribution, the odds of PNC Multi to move over $ 35.02  or more in 30 days from now is nearly 4.74 (This PNC Multi Factor Large Cap Grow probability density function shows the probability of PNC Multi Fund to fall within a particular range of prices over 30 days) . Probability of PNC Multi Factor price to stay between its current price of $ 33.64  and $ 35.02  at the end of the 30-day period is about 68.99 .
Assuming 30 trading days horizon, PNC Multi has beta of 0.14 . This implies as returns on market go up, PNC Multi average returns are expected to increase less than the benchmark. However during bear market, the loss on holding PNC Multi Factor Large Cap Grow 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. PNC Multi Factor is significantly underperforming DOW.
 PNC Multi Price Density 
      Price 
α
Alpha over DOW
=0.04
β
Beta against DOW=0.14
σ
Overall volatility
=0.60
Ir
Information ratio =0.04

PNC Multi Alerts and Suggestions

PNC Multi Factor generates negative expected return over the last 30 days
On November 11, 2019 PNC Multi paid $ 1.867 per share dividend to its current shareholders
Latest headline from chemicalsnewspaper.com: Polyethylene Wax Market From 2019-2028 Regions, Type and Application Honeywell International Inc, The International Group Inc, Arya Chemical Inc - Chemicals Newspaper
PNC Multi Factor generated0.0 ten year return of 0.0%
This fund maintains 99.45% of its assets in stocks

PNC MultiPrice Density Drivers

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