Wellington Global (Ireland) Probability of Target Price Finishing Over Current Price

    F00000OM8L -- Ireland Fund  

    EUR 12.75  0.02  0.16%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     12.75 30 days 12.75  ABOUT 17.27%
    Based on normal probability distribution, the odds of Wellington Global to move above current price in 30 days from now is about 17.27% (This Wellington Global HY Bond S EU probability density function shows the probability of Wellington Global Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Wellington Global HY Bond S EU has beta of -0.0517 suggesting as returns on benchmark increase, returns on holding Wellington Global are expected to decrease at a much smaller rate. During bear market, however, Wellington Global HY Bond S EU is likely to outperform the market. Additionally Wellington Global HY Bond S EU has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Wellington Global Price Density 
          Price 
    α
    Alpha over DOW
    =0.01
    β
    Beta against DOW=0.05
    σ
    Overall volatility
    =6.60
    Ir
    Information ratio =0.09

    Wellington Global Alerts

    Wellington Global Alerts and Suggestions

    Wellington Global is not yet fully synchronised with the market data
    Wellington Global generates negative expected return over the last 30 days
    The fund retains about 5.1% of its assets under management (AUM) in cash

    Price Density Drivers

    Wellington Global Health Indicators

    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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