Old Mutual (Ireland) Probability of Target Price Finishing Over Current Price

    F000001V0M -- Ireland Fund  

    GBp 1,639  24.00  1.44%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     1,639 30 days 1,639  ABOUT 26.18%
    Based on normal probability distribution, the odds of Old Mutual to move above current price in 30 days from now is about 26.18% (This Old Mutual European Best Ideas probability density function shows the probability of Old Mutual Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, the fund has beta coefficient of 95.0 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average . However, if the benchmark returns are expected to be negative, Old Mutual will likely underperform. In addition to that The company has an alpha of 206.3652 implying that it can potentially generate 206.3652% excess return over DOW after adjusting for the inherited market risk (beta).
     Old Mutual Price Density 
          Price 
    α
    Alpha over DOW
    =206.37
    β
    Beta against DOW=95.00
    σ
    Overall volatility
    =974.19
    Ir
    Information ratio =0.15

    Old Mutual Alerts

    Old Mutual Alerts and Suggestions

    Old Mutual European is not yet fully synchronised with the market data
    The fund retains about 8.56% of its assets under management (AUM) in cash

    Price Density Drivers

    Old Mutual Health Indicators

    Additionally see Investing Opportunities. Please also try Price Ceiling Movement module to calculate and plot price ceiling movement for different equity instruments.
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