Muzinich Europeyield (Ireland) Probability of Target Price Finishing Over Current Price

    F0GBR05LNE -- Ireland Fund  

    EUR 76.72  0.26  0.34%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     76.72 30 days 76.72  UNDER 95%
    Based on normal probability distribution, the odds of Muzinich Europeyield to move above current price in 30 days from now is under 95% (This Muzinich Europeyield A EUR Hdg probability density function shows the probability of Muzinich Europeyield Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Muzinich Europeyield A EUR Hdg has beta of -0.2294 suggesting as returns on benchmark increase, returns on holding Muzinich Europeyield are expected to decrease at a much smaller rate. During bear market, however, Muzinich Europeyield A EUR Hdg is likely to outperform the market. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Muzinich Europeyield is significantly underperforming DOW.
     Muzinich Europeyield Price Density 
          Price 
    α
    Alpha over DOW
    =0.64
    β
    Beta against DOW=0.23
    σ
    Overall volatility
    =1.96
    Ir
    Information ratio =0.47

    Muzinich Europeyield Alerts

    Muzinich Europeyield Alerts and Suggestions

    Muzinich Europeyield is not yet fully synchronised with the market data
    The fund retains about 6.96% of its assets under management (AUM) in cash
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