CGWM GL (Ireland) Probability of Target Price Finishing Over Current Price

    4628047 -- Ireland Fund  

    USD 1.43  0.10  7.52%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     1.43 30 days 1.43  ABOUT 28.35%
    Based on normal probability distribution, the odds of CGWM GL to move above current price in 30 days from now is about 28.35% (This CGWM GL AF USD A probability density function shows the probability of CGWM GL Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, CGWM GL AF USD A has beta of -0.0559 . This suggests as returns on benchmark increase, returns on holding CGWM GL are expected to decrease at a much smaller rate. During bear market, however, CGWM GL AF USD A is likely to outperform the market. Additionally CGWM GL AF USD A has an alpha of 0.9358 implying that it can potentially generate 0.9358% excess return over DOW after adjusting for the inherited market risk (beta).
     CGWM GL Price Density 
          Price 
    α
    Alpha over DOW
    =0.94
    β
    Beta against DOW=0.06
    σ
    Overall volatility
    =0.61
    Ir
    Information ratio =0.19

    CGWM GL Alerts

    CGWM GL Alerts and Suggestions

    CGWM GL AF is not yet fully synchronised with the market data
    CGWM GL AF may become a speculative penny stock
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