Russell Floating (Ireland) Probability of Target Price Finishing Over Current Price

    F00000VCV7 -- Ireland Fund  

    GBp 101,139  125.00  0.12%

    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.
    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
     101,139 30 days 101,139  ABOUT 29.83%
    Based on normal probability distribution, the odds of Russell Floating to move above current price in 30 days from now is about 29.83% (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, Russell Floating has beta of 0.0077 suggesting as returns on market go up, Russell Floating average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Russell Floating Rate Fd I Stg H Income will be expected to be much smaller as well. Additionally Russell Floating Rate Fd I Stg H Income has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Russell Floating Price Density 
          Price 
    α
    Alpha over DOW
    =0.14
    β
    Beta against DOW=0.0077
    σ
    Overall volatility
    =47,054
    Ir
    Information ratio =0.2

    Russell Floating Alerts

    Russell Floating Alerts and Suggestions

    Russell Floating is not yet fully synchronised with the market data
    The fund retains about 65.16% of its assets under management (AUM) in fixed income securities
    Additionally see Investing Opportunities. Please also try Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
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