GLG MAN (Ireland) Probability of Target Price Finishing Over

    11048790 -- Ireland Fund  

    USD 105.48  2.97  2.90%

    GLG MAN probability of target price tool provides mechanism to make assumptions about upside and downside potential of GLG MAN DNHUSD performance during a given time horizon utilizing its historical volatility. Please specify GLG MAN time horizon, a valid symbol (red box) and a target price (blue box) you would like GLG MAN odds to be computed. Check also Trending Equities.
     Time Horizon     30 Days    Login   to change
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    GLG MAN Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     105.48 30 days 105.48  ABOUT 9.32%
    Based on normal probability distribution, the odds of GLG MAN to move above current price in 30 days from now is about 9.32% (This GLG MAN DNHUSD probability density function shows the probability of GLG MAN Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, GLG MAN has beta of 0.0582 . This suggests as returns on market go up, GLG MAN average returns are expected to increase less than the benchmark. However during bear market, the loss on holding GLG MAN DNHUSD will be expected to be much smaller as well. Additionally GLG MAN DNHUSD has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     GLG MAN Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.0019
    β
    Beta against DOW=0.06
    σ
    Overall volatility
    =51.21
    Ir
    Information ratio =0.03

    Current Sentiment - 11048790

    GLG MAN DNHUSD Investor Sentiment
    Macroaxis portfolio users are unresponsive in their sentiment towards investing in GLG MAN DNHUSD. What is your judgment towards investing in GLG MAN DNHUSD? Are you bullish or bearish?
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