|Horizon||30 Days Login to change|
Robinson Tax Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|8.97||30 days||8.97||ABOUT 11.51%|
Based on normal probability distribution, the odds of Robinson Tax to move above current price in 30 days from now is about 11.51% (This Robinson Tax Advantaged Income A probability density function shows the probability of Robinson Tax Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, Robinson Tax Advantaged Income A has beta of -0.0165 . This implies as returns on benchmark increase, returns on holding Robinson Tax are expected to decrease at a much smaller rate. During bear market, however, Robinson Tax Advantaged Income A is likely to outperform the market. Additionally The company has an alpha of 0.0125 implying that it can potentially generate 0.0125% excess return over DOW after adjusting for the inherited market risk (beta).
Robinson Tax Price Density
|Alpha over DOW||=||0.012546|
|Beta against DOW||=||0.02|