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 6.13%
    Based on normal probability distribution, the odds of Wellington Asia to move above current price in 30 days from now is about 6.13% (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 has beta of 0.2442 suggesting as returns on market go up, Wellington Asia average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Wellington Asia ex Japan Eq D EUR Acc Uh will be expected to be much smaller as well. Additionally Wellington Asia ex Japan Eq D EUR Acc Uh has an alpha of 0.4127 implying that it can potentially generate 0.4127% excess return over DOW after adjusting for the inherited market risk (beta).
     Wellington Asia Price Density 
    Current Price   Target Price   
    Alpha over DOW
    Beta against DOW=0.24
    Overall volatility
    Information ratio =0.32

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    Additionally see Investing Opportunities. Please also try Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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