|Horizon||30 Days Login to change|
Taurus Banking Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|20.11||30 days||20.11||ABOUT 37.97%|
Based on normal probability distribution, the odds of Taurus Banking to move above current price in 30 days from now is about 37.97% (This Taurus Banking Fin Services Div probability density function shows the probability of Taurus Banking Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, Taurus Banking Fin Services Div has beta of -0.0875 . This entails as returns on benchmark increase, returns on holding Taurus Banking are expected to decrease at a much smaller rate. During bear market, however, Taurus Banking Fin Services Div is likely to outperform the market. Additionally Taurus Banking Fin Services Div has an alpha of 0.0392 implying that it can potentially generate 0.0392% excess return over DOW after adjusting for the inherited market risk (beta).
Taurus Banking Price Density
|Alpha over DOW||=||0.039219|
|Beta against DOW||=||0.09|