Kames Abs (Ireland) Probability of Target Price Finishing Over Current Price

    F00000VRZE -- Ireland Fund  

    GBp 1,028  1.00  0.1%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     1,028 30 days 1,028  ABOUT 32.13%
    Based on normal probability distribution, the odds of Kames Abs to move above current price in 30 days from now is about 32.13% (This Kames Abs Ret Bd Glbl B GBP Acc probability density function shows the probability of Kames Abs Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Kames Abs Ret Bd Glbl B GBP Acc has beta of -0.012 suggesting as returns on benchmark increase, returns on holding Kames Abs are expected to decrease at a much smaller rate. During bear market, however, Kames Abs Ret Bd Glbl B GBP Acc is likely to outperform the market. Additionally Kames Abs Ret Bd Glbl B GBP Acc has an alpha of 0.0012 implying that it can potentially generate 0.0012% excess return over DOW after adjusting for the inherited market risk (beta).
     Kames Abs Price Density 
          Price 
    α
    Alpha over DOW
    =0.001199
    β
    Beta against DOW=0.01
    σ
    Overall volatility
    =414.56
    Ir
    Information ratio =2.46

    Kames Abs Alerts

    Kames Abs Alerts and Suggestions

    Kames Abs Ret is not yet fully synchronised with the market data
    The fund retains about 61.24% of its assets under management (AUM) in cash
    Additionally see Investing Opportunities. Please also try Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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