Russell Floating (Ireland) Probability of Target Price Finishing Over

    F00000VCV7 -- Ireland Fund  

    GBp 101,234  150.00  0.15%

    Russell Floating probability of target price tool provides mechanism to make assumptions about upside and downside potential of Russell Floating Rate Fd I Stg H Income performance during a given time horizon utilizing its historical volatility. Please specify Russell Floating time horizon, a valid symbol (red box) and a target price (blue box) you would like Russell Floating odds to be computed. Additionally see Investing Opportunities.
     Time Horizon     30 Days    Login   to change
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    Russell Floating Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     101,234 30 days 101,234  ABOUT 33.15%
    Based on normal probability distribution, the odds of Russell Floating to move above current price in 30 days from now is about 33.15% (This Russell Floating Rate Fd I Stg H Income probability density function shows the probability of Russell Floating Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, the fund has beta coefficient of 95.0 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are expected to be negative, Russell Floating will likely underperform. In addition to that Russell Floating Rate Fd I Stg H Income has an alpha of 2061.223 implying that it can potentially generate 2061.223% excess return over DOW after adjusting for the inherited market risk (beta).
     Russell Floating Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =2,061
    β
    Beta against DOW=95.00
    σ
    Overall volatility
    =45,068
    Ir
    Information ratio =0.45

    Russell Floating Alerts

    Russell Floating Alerts and Suggestions
    The fund retains about 65.16% of its assets under management (AUM) in fixed income securities
    Additionally see Investing Opportunities. Please also try Headlines Timeline module to stay connected to all market stories and filter out noise. drill down to analyze hype elasticity.