Gbl Evolution (Germany) Probability of Target Price Finishing Over Current Price

    C9DA -- Germany Fund  

    EUR 139.87  0.37  0.27%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     139.87 30 days 139.87  ABOUT 30.06%
    Based on normal probability distribution, the odds of Gbl Evolution to move above current price in 30 days from now is about 30.06% (This Gbl Evolution Fds Front Mkts Na probability density function shows the probability of Gbl Evolution Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Gbl Evolution has beta of 0.0415 . This suggests as returns on market go up, Gbl Evolution average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Gbl Evolution Fds Front Mkts Na will be expected to be much smaller as well. Additionally Gbl Evolution Fds Front Mkts Na has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Gbl Evolution Price Density 
          Price 
    α
    Alpha over DOW
    =0.35
    β
    Beta against DOW=0.0415
    σ
    Overall volatility
    =66.96
    Ir
    Information ratio =0.21

    Gbl Evolution Alerts

    Gbl Evolution Alerts and Suggestions

    Gbl Evolution Fds is not yet fully synchronised with the market data
    Check also Trending Equities. Please also try Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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