Russell Multi (Ireland) Probability of Target Price Finishing Over

F000000F5X -- Ireland Fund  

USD 117.88  0.04  0.0339%

Russell Multi probability of target price tool provides mechanism to make assumptions about upside and downside potential of Russell Multi Asset Defensive A Acc performance during a given time horizon utilizing its historical volatility. Please specify Russell Multi time horizon, a valid symbol (red box) and a target price (blue box) you would like Russell Multi odds to be computed. Additionally see Russell Multi Backtesting, Portfolio Optimization, Russell Multi Correlation, Russell Multi Hype Analysis, Russell Multi Volatility, Russell Multi History as well as Russell Multi Performance.
 Time Horizon     30 Days    Login   to change
Refresh Odds

Russell Multi Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 117.88 30 days 117.88  ABOUT 32.21%
Based on normal probability distribution, the odds of Russell Multi to move above current price in 30 days from now is about 32.21% (This Russell Multi Asset Defensive A Acc probability density function shows the probability of Russell Multi Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Russell Multi Asset Defensive A Acc has beta of -0.0247 suggesting as returns on benchmark increase, returns on holding Russell Multi are expected to decrease at a much smaller rate. During bear market, however, Russell Multi Asset Defensive A Acc is likely to outperform the market. Additionally Russell Multi Asset Defensive A Acc has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Russell Multi Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.0068
β
Beta against DOW=0.02
σ
Overall volatility
=46.51
Ir
Information ratio =1.46

Russell Multi Alerts

Russell Multi Alerts and Suggestions
The fund retains about 31.44% of its assets under management (AUM) in cash
Additionally see Russell Multi Backtesting, Portfolio Optimization, Russell Multi Correlation, Russell Multi Hype Analysis, Russell Multi Volatility, Russell Multi History as well as Russell Multi Performance. Please also try Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
vendors/bower_components/jquery.easy-pie-chart/dist/jquery.easypiechart.min.js">