Rubrics India (Ireland) Probability of Target Price Finishing Over Current Price

    F00000MOWX -- Ireland Fund  

    EUR 110.36  1.64  1.46%

    Rubrics India probability of target price tool provides mechanism to make assumptions about upside and downside potential of Rubrics India Fixed Income UCITS B3 EUR performance during a given time horizon utilizing its historical volatility. Please specify Rubrics India time horizon, a valid symbol (red box) and a target price (blue box) you would like Rubrics India odds to be computed. Additionally see Investing Opportunities.
    Horizon     30 Days    Login   to change
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    Rubrics India Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     110.36 30 days 110.36  ABOUT 8.39%
    Based on normal probability distribution, the odds of Rubrics India to move above current price in 30 days from now is about 8.39% (This Rubrics India Fixed Income UCITS B3 EUR probability density function shows the probability of Rubrics India Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Rubrics India has beta of 0.0287 suggesting as returns on market go up, Rubrics India average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Rubrics India Fixed Income UCITS B3 EUR will be expected to be much smaller as well. Additionally Rubrics India Fixed Income UCITS B3 EUR has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Rubrics India Price Density 
          Price 
    α
    Alpha over DOW
    =0.02
    β
    Beta against DOW=0.0287
    σ
    Overall volatility
    =52.80
    Ir
    Information ratio =0.23

    Rubrics India Alerts

    Rubrics India Alerts and Suggestions

    Rubrics India Fixed is not yet fully synchronised with the market data
    The fund retains about 11.33% 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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