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
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    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 19.9%
    Based on normal probability distribution, the odds of MAM US to move above current price in 30 days from now is about 19.9% (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 HD USD P ACC has beta of -0.047 . This suggests as returns on benchmark increase, returns on holding MAM US are expected to decrease at a much smaller rate. During bear market, however, MAM US HD USD P ACC is likely to outperform the market. Additionally MAM US HD USD P ACC has an alpha of 0.2188 implying that it can potentially generate 0.2188% excess return over DOW after adjusting for the inherited market risk (beta).
     MAM US Price Density 
          Price 
    α
    Alpha over DOW
    =0.22
    β
    Beta against DOW=0.05
    σ
    Overall volatility
    =4.95
    Ir
    Information ratio =0.10

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    MAM US HD is not yet fully synchronised with the market data
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