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

    F00000P9O9 -- Ireland Fund  

    EUR 114.36  0.18  0.16%

    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
     114.36 30 days 114.36  ABOUT 99.0%
    Based on normal probability distribution, the odds of Metzler Alpha to move above current price in 30 days from now is about 99.0% (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 -0.2782 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 a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Metzler Alpha Price Density 
          Price 
    α
    Alpha over DOW
    =0.56
    β
    Beta against DOW=0.28
    σ
    Overall volatility
    =1.70
    Ir
    Information ratio =0.34

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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 Pair Correlation module to compare performance and examine historical correlation between any two equity instruments.
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