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

    F00000QJYN -- Ireland Fund  

    EUR 16.19  0.21  1.31%

    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
     16.19 30 days 16.19  ABOUT 25.28%
    Based on normal probability distribution, the odds of Kames Global to move above current price in 30 days from now is about 25.28% (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 -0.2725 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 Kames Global Equity Income EUR B Acc H has an alpha of 0.1396 implying that it can potentially generate 0.1396% excess return over DOW after adjusting for the inherited market risk (beta).
     Kames Global Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.14
    β
    Beta against DOW=0.27
    σ
    Overall volatility
    =7.66
    Ir
    Information ratio =0.08

    Kames Global Alerts

    Kames Global Alerts and Suggestions

    The fund retains about 9.9% of its assets under management (AUM) in cash
    Additionally see Investing Opportunities. Please also try Equity Analysis module to research over 250,000 global equities including funds, stocks and etfs to find investment opportunities.
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