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 22.43%
    Based on normal probability distribution, the odds of Mediolanum to move above current price in 30 days from now is about 22.43% (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 -0.0343 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 0.1433 implying that it can potentially generate 0.1433% excess return over DOW after adjusting for the inherited market risk (beta).
     Mediolanum Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.14
    β
    Beta against DOW=0.03
    σ
    Overall volatility
    =3.25
    Ir
    Information ratio =0.30

    Mediolanum Alerts

    Mediolanum Alerts and Suggestions

    Mediolanum BB DWS is not yet fully synchronised with the market data
    Mediolanum BB DWS generates negative expected return over the last 30 days
    The fund retains about 7.91% of its assets under management (AUM) in cash
    Additionally see Investing Opportunities. Please also try World Markets Correlation module to find global opportunities by holding instruments from different markets.
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