Old Mutual (Ireland) Probability of Target Price Finishing Over Current Price

    F00000VCH0 -- Ireland Fund  

    GBp 911.00  0.00  0.00%

    Old Mutual probability of target price tool provides mechanism to make assumptions about upside and downside potential of Old Mutual IG Corporate Bd U1 GBP H performance during a given time horizon utilizing its historical volatility. Please specify Old Mutual time horizon, a valid symbol (red box) and a target price (blue box) you would like Old Mutual odds to be computed. Additionally see Investing Opportunities.
    Horizon     30 Days    Login   to change
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    Old Mutual Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     911.00 30 days 911.00  ABOUT 27.18%
    Based on normal probability distribution, the odds of Old Mutual to move above current price in 30 days from now is about 27.18% (This Old Mutual IG Corporate Bd U1 GBP H probability density function shows the probability of Old Mutual Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Old Mutual IG Corporate Bd U1 GBP H has beta of -0.1022 suggesting as returns on benchmark increase, returns on holding Old Mutual are expected to decrease at a much smaller rate. During bear market, however, Old Mutual IG Corporate Bd U1 GBP H is likely to outperform the market. Additionally Old Mutual IG Corporate Bd U1 GBP H has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Old Mutual Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.18
    β
    Beta against DOW=0.1
    σ
    Overall volatility
    =443.00
    Ir
    Information ratio =0.51

    Old Mutual Alerts

    Old Mutual Alerts and Suggestions

    Old Mutual IG generates negative expected return over the last 30 days
    The fund retains about 45.77% of its assets under management (AUM) in cash
    Additionally see Investing Opportunities. Please also try Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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