Mediolanum BB (Ireland) Probability of Target Price Finishing Over

    F000001AAY -- Ireland Fund  

    EUR 18.62  0.40  2.10%

    Mediolanum BB 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 BB time horizon, a valid symbol (red box) and a target price (blue box) you would like Mediolanum BB odds to be computed. Additionally see Investing Opportunities.
     Time Horizon     30 Days    Login   to change
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    Mediolanum BB Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     18.62 30 days 18.62  ABOUT 26.36%
    Based on normal probability distribution, the odds of Mediolanum BB to move above current price in 30 days from now is about 26.36% (This Mediolanum BB MS Glbl Sel S A probability density function shows the probability of Mediolanum BB 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 -0.0856 suggesting as returns on benchmark increase, returns on holding Mediolanum BB 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 0.5895 implying that it can potentially generate 0.5895% excess return over DOW after adjusting for the inherited market risk (beta).
     Mediolanum BB Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.59
    β
    Beta against DOW=0.09
    σ
    Overall volatility
    =6.91
    Ir
    Information ratio =0.34

    Mediolanum BB Alerts

    Mediolanum BB Alerts and Suggestions
    Mediolanum BB MS generates negative expected return over the last 30 days
    The fund retains about 17.56% of its assets under management (AUM) in cash
    Additionally see Investing Opportunities. Please also try Aroon Oscillator module to analyze current equity momentum using aroon oscillator and other momentum ratios.