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

    F00000MYM1 -- Ireland Fund  

    GBp 121,872  1,198  0.99%

    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
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    FundLogic Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     121,872 30 days 121,872  ABOUT 25.31%
    Based on normal probability distribution, the odds of FundLogic to move above current price in 30 days from now is about 25.31% (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 0.0 suggesting unless we do not have required data, the returns on DOW and FundLogic are completely uncorrelated. Additionally FundLogic MS PSAM Glb Event UCITS C GBPHIt does not look like FundLogic alpha can have any bearing on the equity current valuation.
     FundLogic Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.00
    β
    Beta against DOW=0.00
    σ
    Overall volatility
    =62,316
    Ir
    Information ratio =0.00

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    FundLogic Alerts and Suggestions

    The fund retains 98.03% of its assets under management (AUM) in equities
    Additionally see Investing Opportunities. Please also try Transaction History module to view history of all your transactions and understand their impact on performance.
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