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

    F000000F5X -- Ireland Fund  

    USD 115.56  0.52  0.45%

    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
     115.56 30 days 115.56  ABOUT 40.22%
    Based on normal probability distribution, the odds of Russell Multi to move above current price in 30 days from now is about 40.22% (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 -0.0031 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 The company has a negative alpha implying that the risk taken by holding this equity is not justified. Russell Multi Asset is significantly underperforming DOW.
     Russell Multi Price Density 
          Price 
    α
    Alpha over DOW
    =0.0007
    β
    Beta against DOW=0.0031
    σ
    Overall volatility
    =34.25
    Ir
    Information ratio =0.81

    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

    Price Density Drivers

    Russell Multi Health Indicators

    Additionally see Investing Opportunities. Please also try Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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