Man GLG (Ireland) Probability of Target Price Finishing Over Current Price

    F00000W7WC -- Ireland Fund  

    JPY 9,617  63.00  0.66%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     9,617 30 days 9,617  ABOUT 29.74%
    Based on normal probability distribution, the odds of Man GLG to move above current price in 30 days from now is about 29.74% (This Man GLG Global Convertibles I JPY Acc probability density function shows the probability of Man GLG Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Man GLG has beta of 0.9916 suggesting Man GLG Global Convertibles I JPY Acc market returns are very sensitive to returns on the market. As the market benchmark goes up or down, Man GLG is expected to follow. Additionally Man GLG Global Convertibles I JPY Acc has an alpha of 0.759 implying that it can potentially generate 0.759% excess return over DOW after adjusting for the inherited market risk (beta).
     Man GLG Price Density 
          Price 
    α
    Alpha over DOW
    =0.76
    β
    Beta against DOW=0.99
    σ
    Overall volatility
    =3,271
    Ir
    Information ratio =0.23

    Man GLG Alerts

    Man GLG Alerts and Suggestions

    Man GLG Global is not yet fully synchronised with the market data
    The fund retains most of the assets under management (AUM) in different types of exotic instruments.
    Additionally see Investing Opportunities. Please also try Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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