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

    F00000TE6U -- Ireland Fund  

    EUR 1,055  1.66  0.16%

    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
     1,055 30 days 1,055  ABOUT 26.87%
    Based on normal probability distribution, the odds of FundLogic to move above current price in 30 days from now is about 26.87% (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 -0.0077 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 FundLogic MS TCW Uncons Pls Bd P EUR has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     FundLogic Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.0069
    β
    Beta against DOW=0.0077
    σ
    Overall volatility
    =510.55
    Ir
    Information ratio =6.44

    FundLogic Alerts

    FundLogic Alerts and Suggestions

    FundLogic MS TCW generates negative expected return over the last 30 days
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