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

    F00000W7WC -- Ireland Fund  

    JPY 9,751  134.00  1.39%

    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
     9,751 30 days 9,751  ABOUT 23.9%
    Based on normal probability distribution, the odds of Man GLG to move above current price in 30 days from now is about 23.9% (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 Global Convertibles I JPY Acc has beta of -0.4936 suggesting as returns on benchmark increase, returns on holding Man GLG are expected to decrease at a much smaller rate. During bear market, however, Man GLG Global Convertibles I JPY Acc is likely to outperform the market. Additionally Man GLG Global Convertibles I JPY Acc has an alpha of 0.9296 implying that it can potentially generate 0.9296% excess return over DOW after adjusting for the inherited market risk (beta).
     Man GLG Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.93
    β
    Beta against DOW=0.49
    σ
    Overall volatility
    =3,550
    Ir
    Information ratio =0.24

    Man GLG Alerts

    Man GLG Alerts and Suggestions

    Man GLG Global generates negative expected return over the last 30 days
    The fund retains most of the assets under management (AUM) in different types of exotic instruments.
    Additionally see Investing Opportunities. Please also try Idea Breakdown module to analyze constituents of all macroaxis ideas. macroaxis investment ideas are predefined, sector-focused investing themes.
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