MGI UK (Ireland) Probability of Target Price Finishing Over

    F00000MWVE -- Ireland Fund  

    GBp 21,411  162.00  0.75%

    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.
     Time 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
     21,411 30 days 21,411  ABOUT 47.26%
    Based on normal probability distribution, the odds of MGI UK to move above current price in 30 days from now is about 47.26% (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 -0.3154 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 0.4339 implying that it can potentially generate 0.4339% excess return over DOW after adjusting for the inherited market risk (beta).
     MGI UK Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.43
    β
    Beta against DOW=0.32
    σ
    Overall volatility
    =203.39
    Ir
    Information ratio =0.46

    MGI UK Alerts

    MGI UK Alerts and Suggestions
    The fund retains about 99.69% of its assets under management (AUM) in fixed income securities
    Additionally see Investing Opportunities. Please also try Bollinger Bands module to use bollinger bands indicator to analyze target price for a given investing horizon.