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

    F00000W7WC -- Ireland Fund  

    JPY 9,300  218.00  2.29%

    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
     9,300 30 days 9,300  ABOUT 35.9%
    Based on normal probability distribution, the odds of Man GLG to move above current price in 30 days from now is about 35.9% (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 has beta of 0.1563 suggesting as returns on market go up, Man GLG average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Man GLG Global Convertibles I JPY Acc will be expected to be much smaller as well. Additionally The company has an alpha of 0.0765 implying that it can potentially generate 0.0765% excess return over DOW after adjusting for the inherited market risk (beta).
     Man GLG Price Density 
          Price 
    α
    Alpha over DOW
    =0.08
    β
    Beta against DOW=0.16
    σ
    Overall volatility
    =3,914
    Ir
    Information ratio =0.07

    Man GLG Alerts

    Man GLG Alerts and Suggestions

    Man GLG Global is not yet fully synchronised with the market data
    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.

    Price Density Drivers

    Man GLG Health Indicators

    Additionally see Investing Opportunities. Please also try Money Flow Index module to determine momentum by analyzing money flow index and other technical indicators.
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