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

    F00000MWVE -- Ireland Fund  

    GBp 20,558  250.00  1.20%

    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
    Symbol:
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    MGI UK Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     20,558 30 days 20,558  ABOUT 30.52%
    Based on normal probability distribution, the odds of MGI UK to move above current price in 30 days from now is about 30.52% (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 Inflation Linked Bond Z 1 Acc has beta of -0.0948 suggesting as returns on benchmark increase, returns on holding MGI UK are expected to decrease at a much smaller rate. During bear market, however, MGI UK Inflation Linked Bond Z 1 Acc is likely to outperform the market. Additionally MGI UK Inflation Linked Bond Z 1 Acc has an alpha of 0.0721 implying that it can potentially generate 0.0721% excess return over DOW after adjusting for the inherited market risk (beta).
     MGI UK Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.07
    β
    Beta against DOW=0.09
    σ
    Overall volatility
    =10,112
    Ir
    Information ratio =0.34

    MGI UK Alerts

    MGI UK Alerts and Suggestions

    MGI UK Inflation is not yet fully synchronised with the market data
    MGI UK Inflation generates negative expected return over the last 30 days
    The fund retains about 99.69% of its assets under management (AUM) in fixed income securities
    Additionally see Investing Opportunities. Please also try Cryptocurrency Arbitrage module to find pairs of digital assets on multiple exchanges that are traded at a risk free arbitrage.
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