SA Worldwide Probability of Target Price Finishing Over Current Price

SAWMX -- USA Fund  

USD 10.82  0.07  0.65%

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

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 10.82 30 days 10.82 
about 21.03
Based on normal probability distribution, the odds of SA Worldwide to move above current price in 30 days from now is about 21.03 (This SA Worldwide Moderate Growth Fu probability density function shows the probability of SA Worldwide Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, SA Worldwide has beta of 0.0325 . This entails as returns on market go up, SA Worldwide average returns are expected to increase less than the benchmark. However during bear market, the loss on holding SA Worldwide Moderate Growth Fu will be expected to be much smaller as well. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. SA Worldwide Moderate is significantly underperforming DOW.
 SA Worldwide Price Density 
      Price 
α
Alpha over DOW
=0.02
β
Beta against DOW=0.0325
σ
Overall volatility
=0.19
Ir
Information ratio =0.005278

SA Worldwide Alerts and Suggestions

SA Worldwide generates negative expected return over the last 30 days
Latest headline from commercialobserver.com: Paramount Sells DC Office for 155M to Fund San Francisco Deal - Commercial Observer
The fund maintains about 6.55% of its assets in cash

SA WorldwidePrice Density Drivers

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