MAM US (Ireland) Probability of Target Price Finishing Over Current Price

    30143440 -- Ireland Fund  

    USD 10.30  0.59  6.08%

    MAM US probability of target price tool provides mechanism to make assumptions about upside and downside potential of MAM US HD USD P ACC performance during a given time horizon utilizing its historical volatility. Please specify MAM US time horizon, a valid symbol (red box) and a target price (blue box) you would like MAM US odds to be computed. Check also Trending Equities.
    Horizon     30 Days    Login   to change
    Symbol:
    Refresh Odds

    MAM US Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     10.30 30 days 10.30  ABOUT 6.68%
    Based on normal probability distribution, the odds of MAM US to move above current price in 30 days from now is about 6.68% (This MAM US HD USD P ACC probability density function shows the probability of MAM US Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, MAM US has beta of 0.0635 . This suggests as returns on market go up, MAM US average returns are expected to increase less than the benchmark. However during bear market, the loss on holding MAM US HD USD P ACC will be expected to be much smaller as well. Additionally MAM US HD USD P ACC has an alpha of 0.0122 implying that it can potentially generate 0.0122% excess return over DOW after adjusting for the inherited market risk (beta).
     MAM US Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.012192
    β
    Beta against DOW=0.06
    σ
    Overall volatility
    =4.75
    Ir
    Information ratio =0.05

    MAM US Alerts

    MAM US Alerts and Suggestions

    MAM US HD generates negative expected return over the last 30 days
    Check also Trending Equities. Please also try Price Ceiling Movement module to calculate and plot price ceiling movement for different equity instruments.
    Search macroaxis.com