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

    F000000F5X -- Ireland Fund  

    USD 117.77  0.02  0.017%

    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 Investing Opportunities.
    Horizon     30 Days    Login   to change
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    Russell Multi Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     117.77 30 days 117.77  ABOUT 32.31%
    Based on normal probability distribution, the odds of Russell Multi to move above current price in 30 days from now is about 32.31% (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 has beta of 0.0025 suggesting as returns on market go up, Russell Multi average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Russell Multi Asset Defensive A Acc will be expected to be much smaller as well. 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 
          Price 
    α
    Alpha over DOW
    =0.0067
    β
    Beta against DOW=0.0025
    σ
    Overall volatility
    =46.52
    Ir
    Information ratio =0.89

    Russell Multi Alerts

    Russell Multi Alerts and Suggestions

    Russell Multi Asset is not yet fully synchronised with the market data
    The fund retains about 31.44% of its assets under management (AUM) in cash
    Additionally see Investing Opportunities. Please also try Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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