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

    F00000VZHC -- Ireland Fund  

    EUR 123.78  0.26  0.21%

    Mercer Passive probability of target price tool provides mechanism to make assumptions about upside and downside potential of Mercer Passive Global Equity M 5 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
     123.78 30 days 123.78  ABOUT 21.39%
    Based on normal probability distribution, the odds of Mercer Passive to move above current price in 30 days from now is about 21.39% (This Mercer Passive Global Equity M 5 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 M 5 has beta of -0.2525 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 M 5 is likely to outperform the market. Additionally Mercer Passive Global Equity M 5 has an alpha of 0.1205 implying that it can potentially generate 0.1205% excess return over DOW after adjusting for the inherited market risk (beta).
     Mercer Passive Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.12
    β
    Beta against DOW=0.25
    σ
    Overall volatility
    =60.59
    Ir
    Information ratio =0.008599

    Mercer Passive Alerts

    Mercer Passive Alerts and Suggestions

    Mercer Passive generates negative expected return over the last 30 days
    Additionally see Investing Opportunities. Please also try Equity Valuation module to check real value of public entities based on technical and fundamental data.
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