Mediolanum (Ireland) Probability of Target Price Finishing Over Current Price

    F00000QFBM -- Ireland Fund  

    EUR 5.66  0.07  1.22%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     5.66 30 days 5.66  ABOUT 24.14%
    Based on normal probability distribution, the odds of Mediolanum to move above current price in 30 days from now is about 24.14% (This Mediolanum BB Infrastructure Oppo ColLHA probability density function shows the probability of Mediolanum Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Mediolanum BB Infrastructure Oppo ColLHA has beta of -0.1504 suggesting as returns on benchmark increase, returns on holding Mediolanum are expected to decrease at a much smaller rate. During bear market, however, Mediolanum BB Infrastructure Oppo ColLHA is likely to outperform the market. Additionally Mediolanum BB Infrastructure Oppo ColLHA has an alpha of 0.1834 implying that it can potentially generate 0.1834% excess return over DOW after adjusting for the inherited market risk (beta).
     Mediolanum Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.18
    β
    Beta against DOW=0.15
    σ
    Overall volatility
    =2.81
    Ir
    Information ratio =0.01

    Mediolanum Alerts

    Mediolanum Alerts and Suggestions

    Mediolanum BB Infras generates negative expected return over the last 30 days
    The fund retains about 7.74% of its assets under management (AUM) in cash
    Additionally see Investing Opportunities. Please also try Instant Ratings module to determine any equity ratings based on digital recommendations. macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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