GAM Star (Ireland) Probability of Target Price Finishing Over Current Price

    F00000V6SK -- Ireland Fund  

    USD 10.80  0.14  1.28%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     10.80 30 days 10.80  ABOUT 7.59%
    Based on normal probability distribution, the odds of GAM Star to move above current price in 30 days from now is about 7.59% (This GAM Star India Equity Inst USD Acc probability density function shows the probability of GAM Star Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, GAM Star has beta of 0.0123 suggesting as returns on market go up, GAM Star average returns are expected to increase less than the benchmark. However during bear market, the loss on holding GAM Star India Equity Inst USD Acc will be expected to be much smaller as well. Additionally GAM Star India Equity Inst USD Acc has an alpha of 0.1677 implying that it can potentially generate 0.1677% excess return over DOW after adjusting for the inherited market risk (beta).
     GAM Star Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.17
    β
    Beta against DOW=0.0123
    σ
    Overall volatility
    =5.50
    Ir
    Information ratio =0.54

    GAM Star Alerts

    GAM Star Alerts and Suggestions

    GAM Star India is not yet fully synchronised with the market data
    GAM Star India generates negative expected return over the last 30 days
    GAM Star India has high historical volatility and very poor performance
    The fund retains about 12.12% of its assets under management (AUM) in cash
    Additionally see Investing Opportunities. Please also try Chance of Distress module to get analysis of equity chance of financial distress in the next 2 years.
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