|Horizon||30 Days Login to change|
PNTR 301 Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|1,320||30 days||1,320||ABOUT 24.18%|
Based on normal probability distribution, the odds of PNTR 301 to move above current price in 30 days from now is about 24.18% (This PNTR-301 probability density function shows the probability of PNTR 301 ETF to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, PNTR 301 has beta of 0.1305 . This implies as returns on market go up, PNTR 301 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding PNTR-301 will be expected to be much smaller as well. Additionally The company has an alpha of 0.0451 implying that it can potentially generate 0.0451% excess return over DOW after adjusting for the inherited market risk (beta).
PNTR 301 Price Density
|Alpha over DOW||=||0.045147|
|Beta against DOW||=||0.13|