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

    F00000QHDC -- Ireland Fund  

    USD 10.44  0.16  1.51%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     10.44 30 days 10.44  CLOSE TO 99%
    Based on normal probability distribution, the odds of Wellington Emerg to move above current price in 30 days from now is close to 99% (This Wellington Emerg Mkts Opps USD S Acc Uh probability density function shows the probability of Wellington Emerg Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Wellington Emerg has beta of 0.5776 suggesting as returns on market go up, Wellington Emerg average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Wellington Emerg Mkts Opps USD S Acc Uh will be expected to be much smaller as well. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Wellington Emerg Mkts is significantly underperforming DOW.
     Wellington Emerg Price Density 
    Alpha over DOW
    Beta against DOW=0.58
    Overall volatility
    Information ratio =0.13

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