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

    F00000UKAW -- Ireland Fund  

    EUR 9.56  0.02  0.21%

    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
     9.56 30 days 9.56  ABOUT 30.04%
    Based on normal probability distribution, the odds of FundLogic to move above current price in 30 days from now is about 30.04% (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 -0.0128 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 a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     FundLogic Price Density 
          Price 
    α
    Alpha over DOW
    =0.03
    β
    Beta against DOW=0.01
    σ
    Overall volatility
    =4.57
    Ir
    Information ratio =0.53

    FundLogic Alerts

    FundLogic Alerts and Suggestions

    FundLogic MS Fdrm is not yet fully synchronised with the market data
    FundLogic MS Fdrm generates negative expected return over the last 30 days
    The fund retains all of the assets under management (AUM) in different types of exotic instruments
    Additionally see Investing Opportunities. Please also try Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.
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