|Horizon||30 Days Login to change|
State Street Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|12.45||30 days||12.45||ABOUT 41.78%|
Based on normal probability distribution, the odds of State Street to move above current price in 30 days from now is about 41.78% (This State Street Global Managed Vol probability density function shows the probability of State Street Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, State Street Global Managed Vol has beta of -0.0306 . This entails as returns on benchmark increase, returns on holding State Street are expected to decrease at a much smaller rate. During bear market, however, State Street Global Managed Vol is likely to outperform the market. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. State Street Global is significantly underperforming DOW.
State Street Price Density
|Alpha over DOW||=||0.11|
|Beta against DOW||=||0.03|