Nedgroup Inv (Ireland) Probability of Target Price Finishing Over Current Price

    F00000VU7S -- Ireland Fund  

    GBp 104.00  1.00  0.95%

    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.
    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
     104.00 30 days 104.00  ABOUT 22.42%
    Based on normal probability distribution, the odds of Nedgroup Inv to move above current price in 30 days from now is about 22.42% (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 has beta of 0.1129 suggesting as returns on market go up, Nedgroup Inv average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Nedgroup Inv Funds Global Cautious C H will be expected to be much smaller as well. Additionally Nedgroup Inv Funds Global Cautious C H has an alpha of 0.0593 implying that it can potentially generate 0.0593% excess return over DOW after adjusting for the inherited market risk (beta).
     Nedgroup Inv Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.06
    β
    Beta against DOW=0.11
    σ
    Overall volatility
    =53.28
    Ir
    Information ratio =0.27

    Nedgroup Inv Alerts

    Nedgroup Inv Alerts and Suggestions

    Nedgroup Inv Funds is not yet fully synchronised with the market data
    Nedgroup Inv Funds generates negative expected return over the last 30 days
    The fund retains about 44.1% of its assets under management (AUM) in cash
    Additionally see Investing Opportunities. Please also try Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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