Nomura Fds (Ireland) Probability of Target Price Finishing Over Current Price

    F00000W7WB -- Ireland Fund  

    EUR 97.78  0.45  0.46%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     97.78 30 days 97.78  ABOUT 25.09%
    Based on normal probability distribution, the odds of Nomura Fds to move above current price in 30 days from now is about 25.09% (This Nomura Fds Emerg Mrkt Lcl Ccy probability density function shows the probability of Nomura Fds Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Nomura Fds Emerg Mrkt Lcl Ccy has beta of -0.0777 suggesting as returns on benchmark increase, returns on holding Nomura Fds are expected to decrease at a much smaller rate. During bear market, however, Nomura Fds Emerg Mrkt Lcl Ccy is likely to outperform the market. Additionally Nomura Fds Emerg Mrkt Lcl Ccy has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Nomura Fds Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.14
    β
    Beta against DOW=0.08
    σ
    Overall volatility
    =49.26
    Ir
    Information ratio =0.034013

    Nomura Fds Alerts

    Nomura Fds Alerts and Suggestions

    Nomura Fds Emerg is not yet fully synchronised with the market data
    The fund retains about 46.18% of its assets under management (AUM) in cash
    Additionally see Investing Opportunities. Please also try Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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