Mediolanum BB (Ireland) Probability of Target Price Finishing Over

    F00000QFBN -- Ireland Fund  

    EUR 5.26  0.00  0.00%

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

    Mediolanum BB Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     5.26 30 days 5.26  ABOUT 19.57%
    Based on normal probability distribution, the odds of Mediolanum BB to move above current price in 30 days from now is about 19.57% (This Mediolanum BB Infrastructure Oppo ColLHB probability density function shows the probability of Mediolanum BB Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Mediolanum BB Infrastructure Oppo ColLHB has beta of -0.0621 suggesting as returns on benchmark increase, returns on holding Mediolanum BB are expected to decrease at a much smaller rate. During bear market, however, Mediolanum BB Infrastructure Oppo ColLHB is likely to outperform the market. Additionally Mediolanum BB Infrastructure Oppo ColLHB has an alpha of 0.7768 implying that it can potentially generate 0.7768% excess return over DOW after adjusting for the inherited market risk (beta).
     Mediolanum BB Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.78
    β
    Beta against DOW=0.06
    σ
    Overall volatility
    =0.08
    Ir
    Information ratio =0.56

    Mediolanum BB Alerts

    Mediolanum BB Alerts and Suggestions
    The fund retains about 7.74% of its assets under management (AUM) in cash
    Additionally see Investing Opportunities. Please also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.