Mediolanum (Ireland) Probability of Target Price Finishing Over Current Price

    F000001AAY -- Ireland Fund  

    EUR 18.54  0.13  0.71%

    Mediolanum probability of target price tool provides mechanism to make assumptions about upside and downside potential of Mediolanum BB MS Glbl Sel S A performance during a given time horizon utilizing its historical volatility. Please specify Mediolanum time horizon, a valid symbol (red box) and a target price (blue box) you would like Mediolanum odds to be computed. Additionally see Investing Opportunities.
    Horizon     30 Days    Login   to change
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    Mediolanum Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     18.54 30 days 18.54  ABOUT 26.18%
    Based on normal probability distribution, the odds of Mediolanum to move above current price in 30 days from now is about 26.18% (This Mediolanum BB MS Glbl Sel S A probability density function shows the probability of Mediolanum Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Mediolanum BB MS Glbl Sel S A has beta of -0.059 suggesting as returns on benchmark increase, returns on holding Mediolanum are expected to decrease at a much smaller rate. During bear market, however, Mediolanum BB MS Glbl Sel S A is likely to outperform the market. Additionally Mediolanum BB MS Glbl Sel S A has an alpha of 0.4679 implying that it can potentially generate 0.4679% excess return over DOW after adjusting for the inherited market risk (beta).
     Mediolanum Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.47
    β
    Beta against DOW=0.06
    σ
    Overall volatility
    =7.62
    Ir
    Information ratio =0.32

    Mediolanum Alerts

    Mediolanum Alerts and Suggestions

    Mediolanum BB MS is not yet fully synchronised with the market data
    The fund retains about 17.56% of its assets under management (AUM) in cash

    Price Density Drivers

    Mediolanum Health Indicators

    Additionally see Investing Opportunities. Please also try Money Flow Index module to determine momentum by analyzing money flow index and other technical indicators.
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