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

    F00000VZHB -- Ireland Fund  

    GBp 15,460  941.00  6.48%

    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
     15,460 30 days 15,460  ABOUT 23.83%
    Based on normal probability distribution, the odds of Mercer Passive to move above current price in 30 days from now is about 23.83% (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 -0.1777 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 0.494 implying that it can potentially generate 0.494% excess return over DOW after adjusting for the inherited market risk (beta).
     Mercer Passive Price Density 
    Alpha over DOW
    Beta against DOW=0.18
    Overall volatility
    Information ratio =0.37

    Mercer Passive Alerts

    Mercer Passive Alerts and Suggestions

    Mercer Passive is not yet fully synchronised with the market data
    Mercer Passive has very high historical volatility over the last 30 days
    Additionally see Investing Opportunities. Please also try Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.