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

    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
    Symbol:
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    Wellington Glbl Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     0.00 30 days 0.00  UNDER 95%
    Based on normal probability distribution, the odds of Wellington Glbl to move above current price in 30 days from now is under 95% (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 Strat Sov AUD T Acc H has beta of -0.0062 suggesting as returns on benchmark increase, returns on holding Wellington Glbl are expected to decrease at a much smaller rate. During bear market, however, Wellington Glbl Strat Sov AUD T Acc H is likely to outperform the market. Additionally Wellington Glbl Strat Sov AUD T Acc H has an alpha of 0.0108 implying that it can potentially generate 0.0108% excess return over DOW after adjusting for the inherited market risk (beta).
     Wellington Glbl Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.010758
    β
    Beta against DOW=0.0062
    σ
    Overall volatility
    =4.71
    Ir
    Information ratio =1.62

    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
    Wellington Glbl has some characteristics of a very speculative penny stock
    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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