Payden USD (Ireland) Probability of Target Price Finishing Over Current Price

    F00000SGGM -- Ireland Fund  

    USD 11.07  0.01  0.09%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     11.07 30 days 11.07  ABOUT 25.47%
    Based on normal probability distribution, the odds of Payden USD to move above current price in 30 days from now is about 25.47% (This Payden USD Low Duration Credit USD Acc probability density function shows the probability of Payden USD Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Payden USD has beta of 0.0464 suggesting as returns on market go up, Payden USD average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Payden USD Low Duration Credit USD Acc will be expected to be much smaller as well. Additionally Payden USD Low Duration Credit USD Acc has an alpha of 0.0826 implying that it can potentially generate 0.0826% excess return over DOW after adjusting for the inherited market risk (beta).
     Payden USD Price Density 
          Price 
    α
    Alpha over DOW
    =0.08
    β
    Beta against DOW=0.0464
    σ
    Overall volatility
    =5.27
    Ir
    Information ratio =1.05

    Payden USD Alerts

    Payden USD Alerts and Suggestions

    Payden USD Low is not yet fully synchronised with the market data
    The fund retains all of the assets under management (AUM) in different types of exotic instruments
    Additionally see Investing Opportunities. Please also try Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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