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

    F00000QJYO -- Ireland Fund  

    GBp 1,602  13.00  0.82%

    Kames Global probability of target price tool provides mechanism to make assumptions about upside and downside potential of Kames Global Equity Income B GBP 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
     1,602 30 days 1,602  ABOUT 24.32%
    Based on normal probability distribution, the odds of Kames Global to move above current price in 30 days from now is about 24.32% (This Kames Global Equity Income B GBP 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 B GBP Acc H has beta of -0.3533 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 B GBP Acc H is likely to outperform the market. Additionally Kames Global Equity Income B GBP Acc H has an alpha of 0.0489 implying that it can potentially generate 0.0489% excess return over DOW after adjusting for the inherited market risk (beta).
     Kames Global Price Density 
          Price 
    α
    Alpha over DOW
    =0.048867
    β
    Beta against DOW=0.35
    σ
    Overall volatility
    =802.11
    Ir
    Information ratio =0.10

    Kames Global Alerts

    Kames Global Alerts and Suggestions

    Kames Global Equity is not yet fully synchronised with the market data
    Kames Global Equity generates negative expected return over the last 30 days
    The fund retains about 9.9% of its assets under management (AUM) in cash
    Additionally see Investing Opportunities. Please also try Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.
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