Wellington Glbl (Ireland) Probability of Target Price Finishing Over Current Price

    F00000WLTL -- Ireland Fund  

    AUD 10.23  0.02  0.00%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     10.23 30 days 10.23  ABOUT 29.7%
    Based on normal probability distribution, the odds of Wellington Glbl to move above current price in 30 days from now is about 29.7% (This Wellington Glbl Strat Sov AUD T Acc H probability density function shows the probability of Wellington Glbl Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Wellington Glbl has beta of 0.0014 suggesting as returns on market go up, Wellington Glbl average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Wellington Glbl Strat Sov AUD T Acc H will be expected to be much smaller as well. Additionally The company has an alpha of 0.008 implying that it can potentially generate 0.008% excess return over DOW after adjusting for the inherited market risk (beta).
     Wellington Glbl Price Density 
    Alpha over DOW
    Beta against DOW=0.0014
    Overall volatility
    Information ratio =0.49

    Wellington Glbl Alerts

    Wellington Glbl Alerts and Suggestions

    Wellington Glbl is not yet fully synchronised with the market data
    Wellington Glbl generates negative expected return over the last 30 days
    Additionally see Investing Opportunities. Please also try Price Transformation module to use price transformation models to analyze depth of different equity instruments across global markets.
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