Mercer Passive (Ireland) Probability of Target Price Finishing Over

    F00000VZHB -- Ireland Fund  

    GBp 15,928  460.00  2.97%

    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.
     Time 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
     15,928 30 days 15,928  ABOUT 19.04%
    Based on normal probability distribution, the odds of Mercer Passive to move above current price in 30 days from now is about 19.04% (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 -0.3278 suggesting as returns on benchmark increase, returns on holding Mercer Passive are expected to decrease at a much smaller rate. During bear market, however, Mercer Passive Global Equity Z 1 is likely to outperform the market. Additionally Mercer Passive Global Equity Z 1 has an alpha of 0.9013 implying that it can potentially generate 0.9013% excess return over DOW after adjusting for the inherited market risk (beta).
     Mercer Passive Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.90
    β
    Beta against DOW=0.33
    σ
    Overall volatility
    =7,822
    Ir
    Information ratio =0.37

    Current Sentiment - F00000VZHB

    Mercer Passive Global Investor Sentiment
    Macroaxis portfolio users are insensible in their opinion about investing in Mercer Passive Global Equity Z 1. What is your trading attitude regarding investing in Mercer Passive Global Equity Z 1? Are you bullish or bearish?
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    Additionally see Investing Opportunities. Please also try Pair Correlation module to compare performance and examine historical correlation between any two equity instruments.