Nedgroup Inv (Ireland) Probability of Target Price Finishing Over

    F00000VU7S -- Ireland Fund  

    GBp 105.00  1.00  0.94%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     105.00 30 days 105.00  ABOUT 16.99%
    Based on normal probability distribution, the odds of Nedgroup Inv to move above current price in 30 days from now is about 16.99% (This Nedgroup Inv Funds Global Cautious C H probability density function shows the probability of Nedgroup Inv Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Nedgroup Inv Funds Global Cautious C H has beta of -0.144 suggesting as returns on benchmark increase, returns on holding Nedgroup Inv are expected to decrease at a much smaller rate. During bear market, however, Nedgroup Inv Funds Global Cautious C H is likely to outperform the market. Additionally Nedgroup Inv Funds Global Cautious C H has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Nedgroup Inv Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.07
    β
    Beta against DOW=0.14
    σ
    Overall volatility
    =54.61
    Ir
    Information ratio =0.08

    Nedgroup Inv Alerts

    Nedgroup Inv Alerts and Suggestions
    The fund retains about 44.1% of its assets under management (AUM) in cash
    Additionally see Investing Opportunities. Please also try Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .