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

    F00000UKAW -- Ireland Fund  

    EUR 9.95  0.03  0.30%

    FundLogic probability of target price tool provides mechanism to make assumptions about upside and downside potential of FundLogic MS Fdrm EqSmtBtDyn Prot 80 A 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
     9.95 30 days 9.95  ABOUT 24.54%
    Based on normal probability distribution, the odds of FundLogic to move above current price in 30 days from now is about 24.54% (This FundLogic MS Fdrm EqSmtBtDyn Prot 80 A 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 Fdrm EqSmtBtDyn Prot 80 A has beta of -0.0579 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 Fdrm EqSmtBtDyn Prot 80 A is likely to outperform the market. Additionally FundLogic MS Fdrm EqSmtBtDyn Prot 80 A has an alpha of 0.0059 implying that it can potentially generate 0.0059% excess return over DOW after adjusting for the inherited market risk (beta).
     FundLogic Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.005858
    β
    Beta against DOW=0.06
    σ
    Overall volatility
    =4.84
    Ir
    Information ratio =0.45

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    FundLogic Alerts and Suggestions

    The fund retains all of the assets under management (AUM) in different types of exotic instruments
    Additionally see Investing Opportunities. Please also try Bollinger Bands module to use bollinger bands indicator to analyze target price for a given investing horizon.
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