Old Mutual (Ireland) Probability of Target Price Finishing Over

    F00000TG3C -- Ireland Fund  

    USD 1.30  0.01  0.78%

    Old Mutual probability of target price tool provides mechanism to make assumptions about upside and downside potential of Old Mutual Global Eq AR A 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.
     Time Horizon     30 Days    Login   to change
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    Old Mutual Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     1.30 30 days 1.30  ABOUT 17.02%
    Based on normal probability distribution, the odds of Old Mutual to move above current price in 30 days from now is about 17.02% (This Old Mutual Global Eq AR A 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 has beta of 0.1205 suggesting as returns on market go up, Old Mutual average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Old Mutual Global Eq AR A Acc will be expected to be much smaller as well. Additionally Old Mutual Global Eq AR A Acc has an alpha of 0.0761 implying that it can potentially generate 0.0761% excess return over DOW after adjusting for the inherited market risk (beta).
     Old Mutual Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.08
    β
    Beta against DOW=0.12
    σ
    Overall volatility
    =0.69
    Ir
    Information ratio =0.03

    Old Mutual Alerts

    Old Mutual Alerts and Suggestions
    Old Mutual Global may become a speculative penny stock
    The fund retains about 19.42% of its assets under management (AUM) in cash
    Additionally see Investing Opportunities. Please also try Pair Correlation module to compare performance and examine historical correlation between any two equity instruments.
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