Wellington US (Ireland) Probability of Target Price Finishing Over

    F00000MQVQ -- Ireland Fund  

    USD 16.14  0.02  0.12%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     16.14 30 days 16.14  ABOUT 25.85%
    Based on normal probability distribution, the odds of Wellington US to move above current price in 30 days from now is about 25.85% (This Wellington US Core HY Bd USD S Acc probability density function shows the probability of Wellington US Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Wellington US has beta of 0.0011 suggesting as returns on market go up, Wellington US average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Wellington US Core HY Bd USD S Acc will be expected to be much smaller as well. Additionally Wellington US Core HY Bd USD S Acc has an alpha of 0.0416 implying that it can potentially generate 0.0416% excess return over DOW after adjusting for the inherited market risk (beta).
     Wellington US Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.041612
    β
    Beta against DOW=0.0011
    σ
    Overall volatility
    =8.32
    Ir
    Information ratio =1.12

    Wellington US Alerts

    Wellington US Alerts and Suggestions
    The fund retains about 6.34% of its assets under management (AUM) in cash
    Additionally see Investing Opportunities. Please also try Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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