FundLogic (Ireland) Probability of Target Price Finishing Over Current Price

    F00000MYM1 -- Ireland Fund  

    GBp 120,762  494.00  0.41%

    FundLogic probability of target price tool provides mechanism to make assumptions about upside and downside potential of FundLogic MS PSAM Glb Event UCITS C GBPH performance during a given time horizon utilizing its historical volatility. Please specify FundLogic time horizon, a valid symbol (red box) and a target price (blue box) you would like FundLogic odds to be computed. Additionally see Investing Opportunities.
    Horizon     30 Days    Login   to change
    Symbol:
    Refresh Odds

    FundLogic Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     120,762 30 days 120,762  ABOUT 32.92%
    Based on normal probability distribution, the odds of FundLogic to move above current price in 30 days from now is about 32.92% (This FundLogic MS PSAM Glb Event UCITS C GBPH probability density function shows the probability of FundLogic Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, FundLogic has beta of 0.0142 suggesting as returns on market go up, FundLogic average returns are expected to increase less than the benchmark. However during bear market, the loss on holding FundLogic MS PSAM Glb Event UCITS C GBPH will be expected to be much smaller as well. Additionally FundLogic MS PSAM Glb Event UCITS C GBPH has an alpha of 0.0799 implying that it can potentially generate 0.0799% excess return over DOW after adjusting for the inherited market risk (beta).
     FundLogic Price Density 
          Price 
    α
    Alpha over DOW
    =0.08
    β
    Beta against DOW=0.0142
    σ
    Overall volatility
    =49,001
    Ir
    Information ratio =0.40

    FundLogic Alerts

    FundLogic Alerts and Suggestions

    FundLogic MS PSAM is not yet fully synchronised with the market data
    The fund retains 98.03% of its assets under management (AUM) in equities
    Additionally see Investing Opportunities. Please also try Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
    Search macroaxis.com