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

    F00000SGU1 -- Ireland Fund  

    EUR 4.83  0.01  0.21%

    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
    Symbol:
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    ANIMA Variable Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     4.83 30 days 4.83  ABOUT 8.63%
    Based on normal probability distribution, the odds of ANIMA Variable to move above current price in 30 days from now is about 8.63% (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 -0.0018 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 0.0173 implying that it can potentially generate 0.0173% excess return over DOW after adjusting for the inherited market risk (beta).
     ANIMA Variable Price Density 
          Price 
    α
    Alpha over DOW
    =0.017342
    β
    Beta against DOW=0.0018
    σ
    Overall volatility
    =2.38
    Ir
    Information ratio =0.26

    ANIMA Variable Alerts

    ANIMA Variable Alerts and Suggestions

    ANIMA Variable Rate is not yet fully synchronised with the market data
    ANIMA Variable Rate generates negative expected return over the last 30 days
    The fund retains about 22.66% of its assets under management (AUM) in cash
    Additionally see Investing Opportunities. Please also try Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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