|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 10,980 ||30 days|| 10,980 || ABOUT 25.7%|
Based on normal probability distribution, the odds of TMDCP 87 to move above current price in 30 days from now is about 25.7% (This TMDCP-87 probability density function shows the probability of TMDCP 87 ETF to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, TMDCP-87 has beta of -0.0478 . This entails as returns on benchmark increase, returns on holding TMDCP 87 are expected to decrease at a much smaller rate. During bear market, however, TMDCP-87 is likely to outperform the market. Additionally TMDCP-87 has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
| || |
|Current Price || ||Target Price || |