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

    F00000VCH1 -- Ireland Fund  

    GBp 1,083  4.00  0.37%

    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
    Symbol:
    Refresh Odds

    Old Mutual Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     1,083 30 days 1,083  ABOUT 25.53%
    Based on normal probability distribution, the odds of Old Mutual to move above current price in 30 days from now is about 25.53% (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 Global Bond U1 GBP has beta of -0.0554 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 Global Bond U1 GBP is likely to outperform the market. Additionally The company has an alpha of 0.0434 implying that it can potentially generate 0.0434% excess return over DOW after adjusting for the inherited market risk (beta).
     Old Mutual Price Density 
          Price 
    α
    Alpha over DOW
    =0.043408
    β
    Beta against DOW=0.06
    σ
    Overall volatility
    =503.41
    Ir
    Information ratio =0.13

    Old Mutual Alerts and Suggestions

    Old Mutual Global is not yet fully synchronised with the market data
    The fund retains about 11.96% of its assets under management (AUM) in cash
    Search macroaxis.com