Wellington Asia (Ireland) Probability of Target Price Finishing Over Current Price

    F00000QHD0 -- Ireland Fund  

    EUR 15.82  0.00  0.00%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     15.82 30 days 15.82  ABOUT 27.24%
    Based on normal probability distribution, the odds of Wellington Asia to move above current price in 30 days from now is about 27.24% (This Wellington Asia ex Japan Eq D EUR Acc Uh probability density function shows the probability of Wellington Asia Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Wellington Asia ex Japan Eq D EUR Acc Uh has beta of -0.1968 suggesting as returns on benchmark increase, returns on holding Wellington Asia are expected to decrease at a much smaller rate. During bear market, however, Wellington Asia ex Japan Eq D EUR Acc Uh is likely to outperform the market. Additionally The company has an alpha of 0.2712 implying that it can potentially generate 0.2712% excess return over DOW after adjusting for the inherited market risk (beta).
     Wellington Asia Price Density 
          Price 
    α
    Alpha over DOW
    =0.27
    β
    Beta against DOW=0.2
    σ
    Overall volatility
    =3.12
    Ir
    Information ratio =0.15

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