Old Mutual (Ireland) Probability of Target Price Finishing Over

    F00000J73M -- Ireland Fund  

    GBp 987.00  17.00  1.75%

    Old Mutual probability of target price tool provides mechanism to make assumptions about upside and downside potential of Old Mutual Global Bond S GBP 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.
     Time 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
     987.00 30 days 987.00  ABOUT 22.31%
    Based on normal probability distribution, the odds of Old Mutual to move above current price in 30 days from now is about 22.31% (This Old Mutual Global Bond S GBP 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, Old Mutual has beta of 0.0339 suggesting as returns on market go up, Old Mutual average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Old Mutual Global Bond S GBP will be expected to be much smaller as well. Additionally Old Mutual Global Bond S GBP has an alpha of 0.3064 implying that it can potentially generate 0.3064% excess return over DOW after adjusting for the inherited market risk (beta).
     Old Mutual Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.31
    β
    Beta against DOW=0.0339
    σ
    Overall volatility
    =501.27
    Ir
    Information ratio =0.14

    Old Mutual Alerts

    Old Mutual Alerts and Suggestions
    The fund retains about 11.96% of its assets under management (AUM) in cash
    Additionally see Investing Opportunities. Please also try Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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