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

    F00000HLBA -- Ireland Fund  

    EUR 6.53  0.06  0.91%

    Mediolanum probability of target price tool provides mechanism to make assumptions about upside and downside potential of Mediolanum BB DWS MegaTrend Select L 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
     6.53 30 days 6.53  ABOUT 23.51%
    Based on normal probability distribution, the odds of Mediolanum to move above current price in 30 days from now is about 23.51% (This Mediolanum BB DWS MegaTrend Select L 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 DWS MegaTrend Select L A has beta of -0.0397 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 DWS MegaTrend Select L A is likely to outperform the market. Additionally Mediolanum BB DWS MegaTrend Select L A has an alpha of 0.133 implying that it can potentially generate 0.133% excess return over DOW after adjusting for the inherited market risk (beta).
     Mediolanum Price Density 
          Price 
    α
    Alpha over DOW
    =0.13
    β
    Beta against DOW=0.04
    σ
    Overall volatility
    =3.21
    Ir
    Information ratio =0.30

    Mediolanum Alerts

    Mediolanum Alerts and Suggestions

    Mediolanum BB DWS is not yet fully synchronised with the market data
    The fund retains about 7.91% of its assets under management (AUM) in cash
    Additionally see Investing Opportunities. Please also try Bollinger Bands module to use bollinger bands indicator to analyze target price for a given investing horizon.
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