Mercer Passive (Ireland) Probability of Target Price Finishing Over Current Price

    F00000VZHB -- Ireland Fund  

    GBp 13,844  432.00  3.03%

    Mercer Passive probability of target price tool provides mechanism to make assumptions about upside and downside potential of Mercer Passive Global Equity Z 1 performance during a given time horizon utilizing its historical volatility. Please specify Mercer Passive time horizon, a valid symbol (red box) and a target price (blue box) you would like Mercer Passive odds to be computed. Additionally see Investing Opportunities.
    Horizon     30 Days    Login   to change
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    Mercer Passive Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     13,844 30 days 13,844  ABOUT 36.53%
    Based on normal probability distribution, the odds of Mercer Passive to move above current price in 30 days from now is about 36.53% (This Mercer Passive Global Equity Z 1 probability density function shows the probability of Mercer Passive Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Mercer Passive Global Equity Z 1 has beta of -1.4873 suggesting as returns on its benchmark rise, returns on holding Mercer Passive Global Equity Z 1 are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Mercer Passive is expected to outperform its benchmark. Additionally The company has an alpha of 0.0642 implying that it can potentially generate 0.0642% excess return over DOW after adjusting for the inherited market risk (beta).
     Mercer Passive Price Density 
          Price 
    α
    Alpha over DOW
    =0.06
    β
    Beta against DOW=1.49
    σ
    Overall volatility
    =6,969
    Ir
    Information ratio =0.020069

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