Nomura Fds (Ireland) Probability of Target Price Finishing Over Current Price

    F00000WNBV -- Ireland Fund  

    EUR 109.05  0.04  0.0367%

    Nomura Fds probability of target price tool provides mechanism to make assumptions about upside and downside potential of Nomura Fds Global Dyn Bd I EUR Hdg Acc performance during a given time horizon utilizing its historical volatility. Please specify Nomura Fds time horizon, a valid symbol (red box) and a target price (blue box) you would like Nomura Fds odds to be computed. Additionally see Investing Opportunities.
    Horizon     30 Days    Login   to change
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    Nomura Fds Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     109.05 30 days 109.05  ABOUT 29.81%
    Based on normal probability distribution, the odds of Nomura Fds to move above current price in 30 days from now is about 29.81% (This Nomura Fds Global Dyn Bd I EUR Hdg Acc probability density function shows the probability of Nomura Fds Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Nomura Fds has beta of 0.0865 suggesting as returns on market go up, Nomura Fds average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Nomura Fds Global Dyn Bd I EUR Hdg Acc will be expected to be much smaller as well. Additionally Nomura Fds Global Dyn Bd I EUR Hdg Acc has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Nomura Fds Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.01
    β
    Beta against DOW=0.09
    σ
    Overall volatility
    =46.78
    Ir
    Information ratio =0.45

    Nomura Fds Alerts

    Nomura Fds Alerts and Suggestions

    The fund retains about 45.72% of its assets under management (AUM) in cash
    Additionally see Investing Opportunities. Please also try Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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