Old Mutual probability of target price tool provides mechanism to make assumptions about upside and downside potential of Old Mutual Global Bond U1 GBP 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|
Old Mutual Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|1,069||30 days||1,069||ABOUT 24.81%|
Based on normal probability distribution, the odds of Old Mutual to move above current price in 30 days from now is about 24.81% (This Old Mutual Global Bond U1 GBP 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 0.0701 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 Global Bond U1 GBP will be expected to be much smaller as well. Additionally Old Mutual Global Bond U1 GBP has an alpha of 0.0621 implying that it can potentially generate 0.0621% excess return over DOW after adjusting for the inherited market risk (beta).
Old Mutual Price Density
|Alpha over DOW||=||0.06|
|Beta against DOW||=||0.07|