Mediolanum (Ireland) Probability of Target Price Finishing Over Current Price

    F00000VE36 -- Ireland Fund  

    EUR 8.77  0.01  0.11%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     8.77 30 days 8.77  ABOUT 35.01%
    Based on normal probability distribution, the odds of Mediolanum to move above current price in 30 days from now is about 35.01% (This Mediolanum BB Equilibrium SB probability density function shows the probability of Mediolanum Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Mediolanum has beta of 0.0227 suggesting as returns on market go up, Mediolanum average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Mediolanum BB Equilibrium SB will be expected to be much smaller as well. Additionally Mediolanum BB Equilibrium SB has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW.
     Mediolanum Price Density 
          Price 
    α
    Alpha over DOW
    =0.09
    β
    Beta against DOW=0.0227
    σ
    Overall volatility
    =3.47
    Ir
    Information ratio =0.24

    Mediolanum Alerts

    Mediolanum Alerts and Suggestions

    Mediolanum BB Equili is not yet fully synchronised with the market data
    The fund retains about 39.37% of its assets under management (AUM) in cash
    Additionally see Investing Opportunities. Please also try Financial Widgets module to easily integrated macroaxis content with over 30 different plug-and-play financial widgets.
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