SSgA High Probability of Target Price Finishing Over Current Price

    SSHJX -- USA Fund  

    USD 7.35  0.00  0.00%

    SSgA High probability of target price tool provides mechanism to make assumptions about upside and downside potential of SSgA High Yield Bond I performance during a given time horizon utilizing its historical volatility. Please specify SSgA High time horizon, a valid symbol (red box) and a target price (blue box) you would like SSgA High odds to be computed. Also please take a look at World Market Map.
    Horizon     30 Days    Login   to change
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    SSgA High Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     7.35 30 days 7.35  ABOUT 5.32%
    Based on normal probability distribution, the odds of SSgA High to move above current price in 30 days from now is about 5.32% (This SSgA High Yield Bond I probability density function shows the probability of SSgA High Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, SSgA High has beta of 0.0 . This entails the returns on DOW and SSgA High do not appear to be sensitive. Additionally It does not look like the company alpha can have any bearing on the equity current valuation.
     SSgA High Price Density 
    Alpha over DOW
    Beta against DOW=0.00
    Overall volatility
    Information ratio =0.00

    SSgA High Alerts

    SSgA High Alerts and Suggestions

    SSgA High Yield is not yet fully synchronised with the market data
    The fund maintains about 99.07% of its assets in bonds

    Price Density Drivers

    SSgA High Health Indicators

    Also please take a look at World Market Map. Please also try Headlines Timeline module to stay connected to all market stories and filter out noise. drill down to analyze hype elasticity.