MGI UK (Ireland) Probability of Target Price Finishing Over Current Price

    F00000MWVE -- Ireland Fund  

    GBp 22,021  778.00  3.41%

    MGI UK probability of target price tool provides mechanism to make assumptions about upside and downside potential of MGI UK Inflation Linked Bond Z 1 Acc performance during a given time horizon utilizing its historical volatility. Please specify MGI UK time horizon, a valid symbol (red box) and a target price (blue box) you would like MGI UK odds to be computed. Additionally see Investing Opportunities.
    Horizon     30 Days    Login   to change
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    MGI UK Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     22,021 30 days 22,021  ABOUT 27.71%
    Based on normal probability distribution, the odds of MGI UK to move above current price in 30 days from now is about 27.71% (This MGI UK Inflation Linked Bond Z 1 Acc probability density function shows the probability of MGI UK Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, MGI UK has beta of 0.1099 suggesting as returns on market go up, MGI UK average returns are expected to increase less than the benchmark. However during bear market, the loss on holding MGI UK Inflation Linked Bond Z 1 Acc will be expected to be much smaller as well. Additionally MGI UK Inflation Linked Bond Z 1 Acc has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     MGI UK Price Density 
          Price 
    α
    Alpha over DOW
    =0.17
    β
    Beta against DOW=0.11
    σ
    Overall volatility
    =9,145
    Ir
    Information ratio =0.11

    MGI UK Alerts

    MGI UK Alerts and Suggestions

    MGI UK Inflation is not yet fully synchronised with the market data
    The fund retains about 99.69% of its assets under management (AUM) in fixed income securities
    Additionally see Investing Opportunities. Please also try Aroon Oscillator module to analyze current equity momentum using aroon oscillator and other momentum ratios.
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