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   
    Alpha over DOW
    Beta against DOW=0.0083
    Overall volatility
    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
    Additionally see Investing Opportunities. Please also try Cryptocurrency Arbitrage module to find pairs of digital assets on multiple exchanges that are traded at a risk free arbitrage.