Old Mutual (Ireland) Probability of Target Price Finishing Over Current Price

    F00000SJT0 -- Ireland Fund  

    GBp 1,133  22.00  1.90%

    Old Mutual probability of target price tool provides mechanism to make assumptions about upside and downside potential of Old Mutual Local Ccy EM Dbt U2 GBP Acc performance during a given time horizon utilizing its historical volatility. Please specify Old Mutual time horizon, a valid symbol (red box) and a target price (blue box) you would like Old Mutual odds to be computed. Additionally see Investing Opportunities.
    Horizon     30 Days    Login   to change
    Symbol:
    Refresh Odds

    Old Mutual Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     1,133 30 days 1,133  ABOUT 32.83%
    Based on normal probability distribution, the odds of Old Mutual to move above current price in 30 days from now is about 32.83% (This Old Mutual Local Ccy EM Dbt U2 GBP Acc probability density function shows the probability of Old Mutual Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Old Mutual Local Ccy EM Dbt U2 GBP Acc has beta of -0.0231 suggesting as returns on benchmark increase, returns on holding Old Mutual are expected to decrease at a much smaller rate. During bear market, however, Old Mutual Local Ccy EM Dbt U2 GBP Acc is likely to outperform the market. Additionally Old Mutual Local Ccy EM Dbt U2 GBP Acc has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Old Mutual Price Density 
          Price 
    α
    Alpha over DOW
    =0.68
    β
    Beta against DOW=0.02
    σ
    Overall volatility
    =534.61
    Ir
    Information ratio =0.5

    Old Mutual Alerts

    Old Mutual Alerts and Suggestions

    Old Mutual Local is not yet fully synchronised with the market data
    The fund retains about 98.71% of its assets under management (AUM) in fixed income securities
    Additionally see Investing Opportunities. Please also try Pattern Recognition module to use different pattern recognition models to time the market across multiple global exchanges.
    Search macroaxis.com