American Century Probability of Target Price Finishing Above 14.64

AMDVX -- USA Fund  

USD 16.25  0.02  0.12%

American Century probability of target price tool provides mechanism to make assumptions about upside and downside potential of American Century Mid Cap Value performance during a given time horizon utilizing its historical volatility. Please specify American Century time horizon, a valid symbol (red box) and a target price (blue box) you would like American Century odds to be computed. Check also American Century Backtesting, Portfolio Optimization, American Century Correlation, American Century Hype Analysis, American Century Volatility, American Century History as well as American Century Performance.
Horizon     30 Days    Login   to change
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American Century Target Price Odds to finish below 14.64

Current PriceHorizonTarget PriceOdds to drop to $ 14.64  or more in 30 days
 16.25 30 days 14.64 
NEAR 1%
Based on normal probability distribution, the odds of American Century to drop to $ 14.64  or more in 30 days from now is near 1% (This American Century Mid Cap Value probability density function shows the probability of American Century Fund to fall within a particular range of prices over 30 days) . Probability of American Century Mid price to stay between $ 14.64  and its current price of $16.25 at the end of the 30-day period is about 98.0%.
Assuming 30 trading days horizon, American Century Mid Cap Value has beta of -0.0902 . This suggests as returns on benchmark increase, returns on holding American Century are expected to decrease at a much smaller rate. During bear market, however, American Century Mid Cap Value is likely to outperform the market. Additionally The company has an alpha of 0.0664 implying that it can potentially generate 0.0664% excess return over DOW after adjusting for the inherited market risk (beta).
 American Century Price Density 
      Price 
α
Alpha over DOW
=0.07
β
Beta against DOW=0.09
σ
Overall volatility
=0.32
Ir
Information ratio =0.05

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