Muzinich Emerg (Ireland) Probability of Target Price Finishing Over

    F00000TPK6 -- Ireland Fund  

    EUR 100.51  0.01  0.01%

    Muzinich Emerg probability of target price tool provides mechanism to make assumptions about upside and downside potential of Muzinich Emerg Mkt Sht Dur Hdg Eur Acc R performance during a given time horizon utilizing its historical volatility. Please specify Muzinich Emerg time horizon, a valid symbol (red box) and a target price (blue box) you would like Muzinich Emerg odds to be computed. Additionally see Investing Opportunities.
     Time Horizon     30 Days    Login   to change
    Refresh Odds

    Muzinich Emerg Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     100.51 30 days 100.51  ABOUT 80.25%
    Based on normal probability distribution, the odds of Muzinich Emerg to move above current price in 30 days from now is about 80.25% (This Muzinich Emerg Mkt Sht Dur Hdg Eur Acc R probability density function shows the probability of Muzinich Emerg Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Muzinich Emerg Mkt Sht Dur Hdg Eur Acc R has beta of -0.0657 suggesting as returns on benchmark increase, returns on holding Muzinich Emerg are expected to decrease at a much smaller rate. During bear market, however, Muzinich Emerg Mkt Sht Dur Hdg Eur Acc R is likely to outperform the market. Additionally Muzinich Emerg Mkt Sht Dur Hdg Eur Acc R has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Muzinich Emerg Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.31
    β
    Beta against DOW=0.07
    σ
    Overall volatility
    =0.69
    Ir
    Information ratio =0.76

    Muzinich Emerg Alerts

    Muzinich Emerg Alerts and Suggestions
    The fund retains about 16.03% of its assets under management (AUM) in cash

    Thematic Opportunities

    Explore Investment Opportunities
    Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked.
    Explore Thematic Ideas
    Explore Investing Ideas  
    Additionally see Investing Opportunities. Please also try Equity Valuation module to check real value of public entities based on technical and fundamental data.