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

    F00000MWVE -- Ireland Fund  

    GBp 21,703  180.00  0.82%

    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
     21,703 30 days 21,703  ABOUT 27.93%
    Based on normal probability distribution, the odds of MGI UK to move above current price in 30 days from now is about 27.93% (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 0.1278 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 The company has an alpha of 0.0017 implying that it can potentially generate 0.0017% excess return over DOW after adjusting for the inherited market risk (beta).
     MGI UK Price Density 
    Alpha over DOW
    Beta against DOW=0.13
    Overall volatility
    Information ratio =0.0014

    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