Mercer Passive (Ireland) Probability of Target Price Finishing Over

    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.
     Time 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
     0.00 30 days 0.00  ABOUT 81.93%
    Based on normal probability distribution, the odds of Mercer Passive to move above current price in 30 days from now is about 81.93% (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 -0.0874 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 0.0019 implying that it can potentially generate 0.0019% excess return over DOW after adjusting for the inherited market risk (beta).
     Mercer Passive Price Density 
    Current Price   Target Price   
    Alpha over DOW
    Beta against DOW=0.09
    Overall volatility
    Information ratio =0.26

    Mercer Passive Alerts

    Mercer Passive Alerts and Suggestions
    Mercer Passive has some characteristics of a very speculative penny stock
    Additionally see Investing Opportunities. Please also try Bollinger Bands module to use bollinger bands indicator to analyze target price for a given investing horizon.