American Funds Probability of Target Price Finishing Over 52.92

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RERAX -- USA Fund  

USD 53.54  0.44  0.83%

American Funds probability of target price tool provides mechanism to make assumptions about upside and downside potential of American Funds EuroPacific Gr performance during a given time horizon utilizing its historical volatility. Please specify American Funds time horizon, a valid symbol (red box) and a target price (blue box) you would like American Funds odds to be computed. Additionally take a look at American Funds Backtesting, Portfolio Optimization, American Funds Correlation, American Funds Hype Analysis, American Funds Volatility, American Funds History as well as American Funds Performance.
Horizon     30 Days    Login   to change
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American Funds Target Price Odds to finish over 52.92

Current PriceHorizonTarget PriceOdds to stay above $ 52.92  in 30 days
 53.54 30 days 52.92 
about 44.25
Based on normal probability distribution, the odds of American Funds to stay above $ 52.92  in 30 days from now is about 44.25 (This American Funds EuroPacific Gr probability density function shows the probability of American Funds Mutual Fund to fall within a particular range of prices over 30 days) . Probability of American Funds EuroP price to stay between $ 52.92  and its current price of $53.54 at the end of the 30-day period is about 22.63 .
Assuming 30 trading days horizon, American Funds has beta of 0.2381 . This implies as returns on market go up, American Funds average returns are expected to increase less than the benchmark. However during bear market, the loss on holding American Funds EuroPacific Gr will be expected to be much smaller as well. Additionally The company has an alpha of 0.0491 implying that it can potentially generate 0.0491% excess return over DOW after adjusting for the inherited market risk (beta).
 American Funds Price Density 
    
  Price 
α
Alpha over DOW
=0.049096
β
Beta against DOW=0.24
σ
Overall volatility
=0.97
Ir
Information ratio =0.06

American Funds Alerts and Suggestions

On December 19, 2019 American Funds paid $ 1.216 per share dividend to its current shareholders
Latest headline from news.fiu.edu: This Valentines Day, give the gift of SOBEWFF - FIU News
The fund generated five year return of -1.0%
American Funds EuroP maintains about 8.17% of its assets in cash

American FundsPrice Density Drivers