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

    F00000WLTL -- Ireland Fund  

    AUD 10.23  0.02  0.20%

    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 32.6%
    Based on normal probability distribution, the odds of Wellington Glbl to move above current price in 30 days from now is about 32.6% (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 -0.0266 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 The company has an alpha of 0.0064 implying that it can potentially generate 0.0064% excess return over DOW after adjusting for the inherited market risk (beta).
     Wellington Glbl Price Density 
          Price 
    α
    Alpha over DOW
    =0.006432
    β
    Beta against DOW=0.03
    σ
    Overall volatility
    =3.93
    Ir
    Information ratio =1.17

    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
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