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

    F00000MWSJ -- Ireland Fund  

    EUR 212.83  5.42  0.02%

    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
     212.83 30 days 212.83  ABOUT 27.28%
    Based on normal probability distribution, the odds of Mercer Low to move above current price in 30 days from now is about 27.28% (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 Volatility Equity M 3 has beta of -0.1028 suggesting as returns on benchmark increase, returns on holding Mercer Low are expected to decrease at a much smaller rate. During bear market, however, Mercer Low Volatility Equity M 3 is likely to outperform the market. Additionally The company has an alpha of 0.3318 implying that it can potentially generate 0.3318% excess return over DOW after adjusting for the inherited market risk (beta).
     Mercer Low Price Density 
          Price 
    α
    Alpha over DOW
    =0.33
    β
    Beta against DOW=0.1
    σ
    Overall volatility
    =107.10
    Ir
    Information ratio =0.21

    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 high historical volatility and very poor performance
    The fund retains about 10.4% of its assets under management (AUM) in cash
    Additionally see Investing Opportunities. Please also try Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
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