Old Mutual (Ireland) Probability of Target Price Finishing Over

    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.
     Time 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
     0.00 30 days 0.00  ABOUT 86.14%
    Based on normal probability distribution, the odds of Old Mutual to move above current price in 30 days from now is about 86.14% (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 -0.1002 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 Old Mutual Global Bond U1 GBP 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
    =0.03
    β
    Beta against DOW=0.1
    σ
    Overall volatility
    =548.40
    Ir
    Information ratio =0.07

    Old Mutual Alerts

    Old Mutual Alerts and Suggestions
    Old Mutual Global has some characteristics of a very speculative penny stock
    The fund retains about 11.96% of its assets under management (AUM) in cash
    Additionally see Investing Opportunities. Please also try Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.