Payden Absolute (Ireland) Probability of Target Price Finishing Over

    F00000QGOD -- Ireland Fund  

    USD 11.25  0.00  0.00%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     11.25 30 days 11.25  ABOUT 23.97%
    Based on normal probability distribution, the odds of Payden Absolute to move above current price in 30 days from now is about 23.97% (This Payden Absolute Return Bond USD Acc probability density function shows the probability of Payden Absolute Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Payden Absolute has beta of 0.0 suggesting unless we do not have required data, the returns on DOW and Payden Absolute are completely uncorrelated. Additionally Payden Absolute Return Bond USD AccIt does not look like Payden Absolute alpha can have any bearing on the equity current valuation.
     Payden Absolute Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.00
    β
    Beta against DOW=0.00
    σ
    Overall volatility
    =0.014142
    Ir
    Information ratio =0.00

    Current Sentiment - F00000QGOD

    Payden Absolute Return Investor Sentiment
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    Additionally see Investing Opportunities. Please also try Pattern Recognition module to use different pattern recognition models to time the market across multiple global exchanges.