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

    F000000F5X -- Ireland Fund  

    USD 117.74  0.08  0.07%

    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
     117.74 30 days 117.74  ABOUT 29.87%
    Based on normal probability distribution, the odds of Russell Multi to move above current price in 30 days from now is about 29.87% (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 -0.0149 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 an alpha of 0.0018 implying that it can potentially generate 0.0018% excess return over DOW after adjusting for the inherited market risk (beta).
     Russell Multi Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.001765
    β
    Beta against DOW=0.01
    σ
    Overall volatility
    =50.54
    Ir
    Information ratio =2.09

    Russell Multi Alerts

    Russell Multi Alerts and Suggestions

    The fund retains about 31.44% of its assets under management (AUM) in cash
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