Metzler Alpha (Ireland) Probability of Target Price Finishing Over Current Price

    F00000P9O9 -- Ireland Fund  

    EUR 119.05  0.03  0.0252%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     119.05 30 days 119.05  ABOUT 12.43%
    Based on normal probability distribution, the odds of Metzler Alpha to move above current price in 30 days from now is about 12.43% (This Metzler Alpha Strategies A probability density function shows the probability of Metzler Alpha Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Metzler Alpha Strategies A has beta of -0.0083 suggesting as returns on benchmark increase, returns on holding Metzler Alpha are expected to decrease at a much smaller rate. During bear market, however, Metzler Alpha Strategies A is likely to outperform the market. Additionally Metzler Alpha Strategies A has an alpha of 0.0167 implying that it can potentially generate 0.0167% excess return over DOW after adjusting for the inherited market risk (beta).
     Metzler Alpha Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.016666
    β
    Beta against DOW=0.0083
    σ
    Overall volatility
    =0.18
    Ir
    Information ratio =1.45

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    Metzler Alpha Strate is not yet fully synchronised with the market data
    The fund retains all of the assets under management (AUM) in different types of exotic instruments
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