|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 7,867 ||30 days|| 7,867 || ABOUT 22.56%|
Based on normal probability distribution, the odds of TGKOS 24 to move above current price in 30 days from now is about 22.56% (This TGKOS-24 probability density function shows the probability of TGKOS 24 ETF to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, TGKOS-24 has beta of -0.0621 . This entails as returns on benchmark increase, returns on holding TGKOS 24 are expected to decrease at a much smaller rate. During bear market, however, TGKOS-24 is likely to outperform the market. Additionally TGKOS-24 has an alpha of 0.0341 implying that it can potentially generate 0.0341% excess return over DOW after adjusting for the inherited market risk (beta).
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