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

    F00000VE36 -- Ireland Fund  

    EUR 8.87  0.00  0.00%

    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
     8.87 30 days 8.87  ABOUT 29.99%
    Based on normal probability distribution, the odds of Mediolanum to move above current price in 30 days from now is about 29.99% (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 BB Equilibrium SB has beta of -0.0835 suggesting as returns on benchmark increase, returns on holding Mediolanum are expected to decrease at a much smaller rate. During bear market, however, Mediolanum BB Equilibrium SB is likely to outperform the market. 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 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.04
    β
    Beta against DOW=0.08
    σ
    Overall volatility
    =4.14
    Ir
    Information ratio =1.3

    Mediolanum Alerts

    Mediolanum Alerts and Suggestions

    Mediolanum BB Equili generates negative expected return over the last 30 days
    The fund retains about 39.37% of its assets under management (AUM) in cash
    Additionally see Investing Opportunities. Please also try Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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