Mercer Low (Ireland) Probability of Target Price Finishing Over Current Price

    Mercer Low probability of target price tool provides mechanism to make assumptions about upside and downside potential of Mercer Low Volatility Equity M 3 performance during a given time horizon utilizing its historical volatility. Please specify Mercer Low time horizon, a valid symbol (red box) and a target price (blue box) you would like Mercer Low odds to be computed. Additionally see Investing Opportunities.
    Horizon     30 Days    Login   to change
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    Mercer Low Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     0.00 30 days 0.00  ABOUT 87.93%
    Based on normal probability distribution, the odds of Mercer Low to move above current price in 30 days from now is about 87.93% (This Mercer Low Volatility Equity M 3 probability density function shows the probability of Mercer Low Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Mercer Low has beta of 0.2418 suggesting as returns on market go up, Mercer Low average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Mercer Low Volatility Equity M 3 will be expected to be much smaller as well. Additionally Mercer Low Volatility Equity M 3 has an alpha of 0.4425 implying that it can potentially generate 0.4425% excess return over DOW after adjusting for the inherited market risk (beta).
     Mercer Low Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.44
    β
    Beta against DOW=0.24
    σ
    Overall volatility
    =110.63
    Ir
    Information ratio =0.27

    Mercer Low Alerts

    Mercer Low Alerts and Suggestions

    Mercer Low is not yet fully synchronised with the market data
    Mercer Low generates negative expected return over the last 30 days
    Mercer Low has some characteristics of a very speculative penny stock
    The fund retains about 10.4% of its assets under management (AUM) in cash
    Additionally see Investing Opportunities. Please also try Headlines Timeline module to stay connected to all market stories and filter out noise. drill down to analyze hype elasticity.
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