GBL EVOL (Germany) Probability of Target Price Finishing Over Current Price

    C9DA -- Germany Fund  

    EUR 152.58  0.00  0.00%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     152.58 30 days 152.58  ABOUT 29.54%
    Based on normal probability distribution, the odds of GBL EVOL to move above current price in 30 days from now is about 29.54% (This GBL EVOL F FRON MKTS R probability density function shows the probability of GBL EVOL Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, GBL EVOL F FRON MKTS R has beta of -0.0111 . This suggests as returns on benchmark increase, returns on holding GBL EVOL are expected to decrease at a much smaller rate. During bear market, however, GBL EVOL F FRON MKTS R is likely to outperform the market. Additionally GBL EVOL F FRON MKTS R has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     GBL EVOL Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.03
    β
    Beta against DOW=0.01
    σ
    Overall volatility
    =66.73
    Ir
    Information ratio =1.81

    GBL EVOL Alerts

    GBL EVOL Alerts and Suggestions

    GBL EVOL F is not yet fully synchronised with the market data
    GBL EVOL F generates negative expected return over the last 30 days
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