Hermes Asia (Ireland) Probability of Target Price Finishing Over Current Price

    F00000VIC3 -- Ireland Fund  

    EUR 2.91  0.02  0.68%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     2.91 30 days 2.91  NEAR 1%
    Based on normal probability distribution, the odds of Hermes Asia to move above current price in 30 days from now is near 1% (This Hermes Asia Ex Japan Equity C EUR Acc probability density function shows the probability of Hermes Asia Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Hermes Asia has beta of 0.0251 suggesting as returns on market go up, Hermes Asia average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Hermes Asia Ex Japan Equity C EUR Acc will be expected to be much smaller as well. Additionally Hermes Asia Ex Japan Equity C EUR Acc has an alpha of 0.0181 implying that it can potentially generate 0.0181% excess return over DOW after adjusting for the inherited market risk (beta).
     Hermes Asia Price Density 
          Price 
    α
    Alpha over DOW
    =0.018141
    β
    Beta against DOW=0.0251
    σ
    Overall volatility
    =1.00
    Ir
    Information ratio =0.93

    Hermes Asia Alerts

    Hermes Asia Alerts and Suggestions

    Hermes Asia Ex is not yet fully synchronised with the market data
    The fund retains about 8.05% of its assets under management (AUM) in cash
    Additionally see Investing Opportunities. Please also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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