Old Mutual (Ireland) Probability of Target Price Finishing Over

    F00000VCH0 -- Ireland Fund  

    GBp 914.00  1.00  0.11%

    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.
     Time Horizon     30 Days    Login   to change
    Refresh Odds

    Old Mutual Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     914.00 30 days 914.00  ABOUT 26.34%
    Based on normal probability distribution, the odds of Old Mutual to move above current price in 30 days from now is about 26.34% (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 has beta of 0.0524 suggesting as returns on market go up, Old Mutual average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Old Mutual IG Corporate Bd U1 GBP H will be expected to be much smaller as well. 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
    =0.3
    β
    Beta against DOW=0.05
    σ
    Overall volatility
    =475.14
    Ir
    Information ratio =0.58

    Old Mutual Alerts

    Old Mutual Alerts and Suggestions
    The fund retains about 45.77% of its assets under management (AUM) in cash
    Additionally see Investing Opportunities. Please also try Equity Analysis module to research over 250,000 global equities including funds, stocks and etfs to find investment opportunities.