ANIMA Variable (Ireland) Probability of Target Price Finishing Over Current Price

    F00000SGU1 -- Ireland Fund  

    EUR 4.86  0.09  1.82%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     4.86 30 days 4.86  ABOUT 6.3%
    Based on normal probability distribution, the odds of ANIMA Variable to move above current price in 30 days from now is about 6.3% (This ANIMA Variable Rate Bond I EUR Acc probability density function shows the probability of ANIMA Variable Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, ANIMA Variable Rate Bond I EUR Acc has beta of -0.3415 suggesting as returns on benchmark increase, returns on holding ANIMA Variable are expected to decrease at a much smaller rate. During bear market, however, ANIMA Variable Rate Bond I EUR Acc is likely to outperform the market. Additionally ANIMA Variable Rate Bond I EUR Acc has an alpha of 0.0291 implying that it can potentially generate 0.0291% excess return over DOW after adjusting for the inherited market risk (beta).
     ANIMA Variable Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.029066
    β
    Beta against DOW=0.34
    σ
    Overall volatility
    =2.28
    Ir
    Information ratio =0.57

    ANIMA Variable Alerts

    ANIMA Variable Alerts and Suggestions

    The fund retains about 22.66% of its assets under management (AUM) in cash
    Additionally see Investing Opportunities. Please also try Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of macroaxis ideas.
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