|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 6.87 ||30 days|| 6.87 || ABOUT 32.24%|
Based on normal probability distribution, the odds of Pax High to move above current price in 30 days from now is about 32.24% (This Pax High Yield Bond R probability density function shows the probability of Pax High Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Pax High Yield Bond R has beta of -0.0025 . This implies as returns on benchmark increase, returns on holding Pax High are expected to decrease at a much smaller rate. During bear market, however, Pax High Yield Bond R is likely to outperform the market. Additionally Pax High Yield Bond R has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW