IShares Russell Probability of Target Price Finishing Over 13.79

BRMAX -- USA Fund  

USD 11.20  0.01  0.09%

IShares Russell probability of target price tool provides mechanism to make assumptions about upside and downside potential of IShares Russell Mid Cap Index F performance during a given time horizon utilizing its historical volatility. Please specify IShares Russell time horizon, a valid symbol (red box) and a target price (blue box) you would like IShares Russell odds to be computed. Check also IShares Russell Backtesting, Portfolio Optimization, IShares Russell Correlation, IShares Russell Hype Analysis, IShares Russell Volatility, IShares Russell History as well as IShares Russell Performance.
Horizon     30 Days    Login   to change
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IShares Russell Target Price Odds to finish over 13.79

Current PriceHorizonTarget PriceOdds to move over $ 13.79  or more in 30 days
 11.20 30 days 13.79 
close to zero percent
Based on normal probability distribution, the odds of IShares Russell to move over $ 13.79  or more in 30 days from now is close to zero percent (This IShares Russell Mid Cap Index F probability density function shows the probability of IShares Russell Fund to fall within a particular range of prices over 30 days) . Probability of IShares Russell Mid price to stay between its current price of $ 11.20  and $ 13.79  at the end of the 30-day period is under 4.
Assuming 30 trading days horizon, IShares Russell Mid Cap Index F has beta of -0.0857 . This suggests as returns on benchmark increase, returns on holding IShares Russell are expected to decrease at a much smaller rate. During bear market, however, IShares Russell Mid Cap Index F is likely to outperform the market. Additionally The company has an alpha of 0.0813 implying that it can potentially generate 0.0813% excess return over DOW after adjusting for the inherited market risk (beta).
 IShares Russell Price Density 
      Price 
α
Alpha over DOW
=0.08
β
Beta against DOW=0.09
σ
Overall volatility
=0.20
Ir
Information ratio =0.06

IShares Russell Alerts and Suggestions

On October 10, 2019 IShares Russell paid $ 0.034 per share dividend to its current shareholders
Latest headline from wsnewspublisher.com: Facing Competition, But Still Strong--Kinross Gold Corporation, , Analog Devices, Inc., - Ws News Publisher
The fund holds 98.86% of its assets under management (AUM) in equities

IShares RussellPrice Density Drivers

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