Kames Global (Ireland) Probability of Target Price Finishing Over Current Price

    F00000QJYN -- Ireland Fund  

    EUR 14.65  0.18  1.21%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     14.65 30 days 14.65  ABOUT 41.49%
    Based on normal probability distribution, the odds of Kames Global to move above current price in 30 days from now is about 41.49% (This Kames Global Equity Income EUR B Acc H probability density function shows the probability of Kames Global Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Kames Global Equity Income EUR B Acc H has beta of -0.6868 suggesting as returns on benchmark increase, returns on holding Kames Global are expected to decrease at a much smaller rate. During bear market, however, Kames Global Equity Income EUR B Acc H is likely to outperform the market. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Kames Global Equity is significantly underperforming DOW.
     Kames Global Price Density 
          Price 
    α
    Alpha over DOW
    =0.29
    β
    Beta against DOW=0.69
    σ
    Overall volatility
    =5.96
    Ir
    Information ratio =0.24

    Kames Global Alerts

    Kames Global Alerts and Suggestions

    Kames Global Equity is not yet fully synchronised with the market data
    The fund retains about 9.9% of its assets under management (AUM) in cash

    Price Density Drivers

    Kames Global Health Indicators

    Additionally see Investing Opportunities. Please also try Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
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