|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 842.00 ||30 days|| 842.00 || ABOUT 40.33%|
Based on normal probability distribution, the odds of Solegreen Ltd to move above current price in 30 days from now is about 40.33% (This Solegreen Ltd probability density function shows the probability of Solegreen Ltd Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Solegreen Ltd has beta of -0.3302 . This entails as returns on benchmark increase, returns on holding Solegreen Ltd are expected to decrease at a much smaller rate. During bear market, however, Solegreen Ltd is likely to outperform the market. Additionally Solegreen Ltd has an alpha of 0.4348 implying that it can potentially generate 0.4348% excess return over DOW after adjusting for the inherited market risk (beta).
Solegreen Ltd Price Density
| || |
|Current Price || ||Target Price || |