Muzinich Emerg (Ireland) Probability of Target Price Finishing Over Current Price

    F00000TPK6 -- Ireland Fund  

    EUR 100.85  0.06  0.06%

    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.
    Horizon     30 Days    Login   to change
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    Muzinich Emerg Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     100.85 30 days 100.85  ABOUT 23.61%
    Based on normal probability distribution, the odds of Muzinich Emerg to move above current price in 30 days from now is about 23.61% (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 has beta of 0.0357 suggesting as returns on market go up, Muzinich Emerg average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Muzinich Emerg Mkt Sht Dur Hdg Eur Acc R will be expected to be much smaller as well. 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
    =0.1
    β
    Beta against DOW=0.0357
    σ
    Overall volatility
    =50.13
    Ir
    Information ratio =0.82

    Muzinich Emerg Alerts

    Muzinich Emerg Alerts and Suggestions

    Muzinich Emerg Mkt generates negative expected return over the last 30 days
    The fund retains about 16.03% of its assets under management (AUM) in cash
    Additionally see Investing Opportunities. Please also try Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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