GAM Star (Ireland) Probability of Target Price Finishing Over Current Price

    F00000MRAW -- Ireland Fund  

    EUR 7.84  0.34  4.16%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     7.84 30 days 7.84  ABOUT 12.49%
    Based on normal probability distribution, the odds of GAM Star to move above current price in 30 days from now is about 12.49% (This GAM Star Global Selector Ord II EUR Acc probability density function shows the probability of GAM Star Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, GAM Star has beta of 0.0503 suggesting as returns on market go up, GAM Star average returns are expected to increase less than the benchmark. However during bear market, the loss on holding GAM Star Global Selector Ord II EUR Acc will be expected to be much smaller as well. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. GAM Star Global is significantly underperforming DOW.
     GAM Star Price Density 
    Alpha over DOW
    Beta against DOW=0.05
    Overall volatility
    Information ratio =0.04

    GAM Star Alerts and Suggestions

    GAM Star Global is not yet fully synchronised with the market data
    The fund retains about 39.08% of its assets under management (AUM) in cash

    GAM StarPrice Density Drivers