FundLogic (Ireland) Probability of Target Price Finishing Over Current Price

    F00000TE6U -- Ireland Fund  

    EUR 1,050  2.46  0.23%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     1,050 30 days 1,050  ABOUT 33.83%
    Based on normal probability distribution, the odds of FundLogic to move above current price in 30 days from now is about 33.83% (This FundLogic MS TCW Uncons Pls Bd P EUR probability density function shows the probability of FundLogic Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, FundLogic MS TCW Uncons Pls Bd P EUR has beta of -0.003 suggesting as returns on benchmark increase, returns on holding FundLogic are expected to decrease at a much smaller rate. During bear market, however, FundLogic MS TCW Uncons Pls Bd P EUR is likely to outperform the market. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. FundLogic MS TCW is significantly underperforming DOW.
     FundLogic Price Density 
          Price 
    α
    Alpha over DOW
    =0.0036
    β
    Beta against DOW=0.003
    σ
    Overall volatility
    =405.19
    Ir
    Information ratio =1.11

    FundLogic Alerts

    FundLogic Alerts and Suggestions

    FundLogic MS TCW is not yet fully synchronised with the market data
    Additionally see Investing Opportunities. Please also try Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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