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
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    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  NEAR 1%
    Based on normal probability distribution, the odds of Russell US to move above current price in 30 days from now is near 1% (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 Small Cap Eq L has beta of -0.0387 suggesting as returns on benchmark increase, returns on holding Russell US are expected to decrease at a much smaller rate. During bear market, however, Russell US Small Cap Eq L is likely to outperform the market. Additionally Russell US Small Cap Eq L has an alpha of 0.3954 implying that it can potentially generate 0.3954% excess return over DOW after adjusting for the inherited market risk (beta).
     Russell US Price Density 
          Price 
    α
    Alpha over DOW
    =0.40
    β
    Beta against DOW=0.04
    σ
    Overall volatility
    =0.94
    Ir
    Information ratio =0.28

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    Russell US Alerts and Suggestions

    Russell US Small is not yet fully synchronised with the market data
    Additionally see Investing Opportunities. Please also try Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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