Mercer Passive (Ireland) Probability of Target Price Finishing Over Current Price

    F00000V1GM -- Ireland Fund  

    EUR 133.42  0.35  0.26%

    Mercer Passive probability of target price tool provides mechanism to make assumptions about upside and downside potential of Mercer Passive Global Eq CCF M performance during a given time horizon utilizing its historical volatility. Please specify Mercer Passive time horizon, a valid symbol (red box) and a target price (blue box) you would like Mercer Passive odds to be computed. Additionally see Investing Opportunities.
    Horizon     30 Days    Login   to change
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    Mercer Passive Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     133.42 30 days 133.42  ABOUT 23.91%
    Based on normal probability distribution, the odds of Mercer Passive to move above current price in 30 days from now is about 23.91% (This Mercer Passive Global Eq CCF M probability density function shows the probability of Mercer Passive Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Mercer Passive Global Eq CCF M has beta of -0.2494 suggesting as returns on benchmark increase, returns on holding Mercer Passive are expected to decrease at a much smaller rate. During bear market, however, Mercer Passive Global Eq CCF M is likely to outperform the market. Additionally Mercer Passive Global Eq CCF M has an alpha of 0.2002 implying that it can potentially generate 0.2002% excess return over DOW after adjusting for the inherited market risk (beta).
     Mercer Passive Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.20
    β
    Beta against DOW=0.25
    σ
    Overall volatility
    =65.32
    Ir
    Information ratio =0.01

    Current Sentiment - F00000V1GM

    Mercer Passive Global Investor Sentiment

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