|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 10.44 ||30 days|| 10.44 || CLOSE TO 99%|
Based on normal probability distribution, the odds of PUTNAM WT to move above current price in 30 days from now is close to 99% (This PUTNAM WT TOT RETURN M EO probability density function shows the probability of PUTNAM WT ETF to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, PUTNAM WT TOT RETURN M EO has beta of -0.1635 . This implies as returns on benchmark increase, returns on holding PUTNAM WT are expected to decrease at a much smaller rate. During bear market, however, PUTNAM WT TOT RETURN M EO is likely to outperform the market. Additionally PUTNAM WT TOT RETURN M EO has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
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