Oasis Crescent (Ireland) Probability of Target Price Finishing Over

    F00000OE8I -- Ireland Fund  

    GBp 2,425  17.00  0.71%

    Oasis Crescent probability of target price tool provides mechanism to make assumptions about upside and downside potential of Oasis Crescent Global Equity E GBP performance during a given time horizon utilizing its historical volatility. Please specify Oasis Crescent time horizon, a valid symbol (red box) and a target price (blue box) you would like Oasis Crescent odds to be computed. Additionally see Investing Opportunities.
     Time Horizon     30 Days    Login   to change
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    Oasis Crescent Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     2,425 30 days 2,425  ABOUT 17.2%
    Based on normal probability distribution, the odds of Oasis Crescent to move above current price in 30 days from now is about 17.2% (This Oasis Crescent Global Equity E GBP probability density function shows the probability of Oasis Crescent Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Oasis Crescent Global Equity E GBP has beta of -0.1638 suggesting as returns on benchmark increase, returns on holding Oasis Crescent are expected to decrease at a much smaller rate. During bear market, however, Oasis Crescent Global Equity E GBP is likely to outperform the market. Additionally Oasis Crescent Global Equity E GBP has an alpha of 0.2337 implying that it can potentially generate 0.2337% excess return over DOW after adjusting for the inherited market risk (beta).
     Oasis Crescent Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.23
    β
    Beta against DOW=0.16
    σ
    Overall volatility
    =1,178
    Ir
    Information ratio =0.16

    Oasis Crescent Alerts

    Oasis Crescent Alerts and Suggestions
    The fund retains about 5.86% of its assets under management (AUM) in cash
    Additionally see Investing Opportunities. Please also try Fund Screener module to find activelly-traded funds from around the world traded on over 30 global exchanges.