Russell US (Ireland) Probability of Target Price Finishing Over Current Price

    F00000095W -- Ireland Fund  

     19.76  0.56  2.76%

    Russell US probability of target price tool provides mechanism to make assumptions about upside and downside potential of Russell US Small Cap Eq L performance during a given time horizon utilizing its historical volatility. Please specify Russell US time horizon, a valid symbol (red box) and a target price (blue box) you would like Russell US odds to be computed. Additionally see Investing Opportunities.
    Horizon     30 Days    Login   to change
    Symbol:
    Refresh Odds

    Russell US Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     19.76 30 days 19.76  UNDER 4%
    Based on normal probability distribution, the odds of Russell US to move above current price in 30 days from now is under 4% (This Russell US Small Cap Eq L probability density function shows the probability of Russell US Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Russell US has beta of 0.9878 suggesting Russell US Small Cap Eq L market returns are very sensitive to returns on the market. As the market benchmark goes up or down, Russell US is expected to follow. Additionally Russell US Small Cap Eq L has an alpha of 0.8347 implying that it can potentially generate 0.8347% excess return over DOW after adjusting for the inherited market risk (beta).
     Russell US Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.83
    β
    Beta against DOW=0.99
    σ
    Overall volatility
    =0.97
    Ir
    Information ratio =0.30

    Russell US Alerts

    Russell US Alerts and Suggestions

    Russell US Small is not yet fully synchronised with the market data
    Russell US Small generates negative expected return over the last 30 days
    Additionally see Investing Opportunities. Please also try Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of macroaxis ideas.
    Search macroaxis.com