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

    F00000VZHB -- Ireland Fund  

    GBp 14,390  656.00  4.36%

    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
     14,390 30 days 14,390  ABOUT 28.03%
    Based on normal probability distribution, the odds of Mercer Passive to move above current price in 30 days from now is about 28.03% (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 has beta of 0.4824 suggesting as returns on market go up, Mercer Passive average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Mercer Passive Global Equity Z 1 will be expected to be much smaller as well. Additionally Mercer Passive Global Equity Z 1 has an alpha of 0.7289 implying that it can potentially generate 0.7289% excess return over DOW after adjusting for the inherited market risk (beta).
     Mercer Passive Price Density 
    Current Price   Target Price   
    Alpha over DOW
    Beta against DOW=0.48
    Overall volatility
    Information ratio =0.41

    Mercer Passive Alerts

    Mercer Passive Alerts and Suggestions

    Mercer Passive is not yet fully synchronised with the market data
    Mercer Passive generates negative expected return over the last 30 days
    Mercer Passive has high historical volatility and very poor performance
    Additionally see Investing Opportunities. Please also try Headlines Timeline module to stay connected to all market stories and filter out noise. drill down to analyze hype elasticity.