Russell Emerg (Ireland) Probability of Target Price Finishing Over

    F0GBR05XFA -- Ireland Fund  

     56.26  0.88  1.54%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     56.26 30 days 56.26  ABOUT 43.47%
    Based on normal probability distribution, the odds of Russell Emerg to move above current price in 30 days from now is about 43.47% (This Russell Emerg Mkts Eq J probability density function shows the probability of Russell Emerg Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Russell Emerg has beta of 0.4809 suggesting as returns on market go up, Russell Emerg average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Russell Emerg Mkts Eq J will be expected to be much smaller as well. Additionally Russell Emerg Mkts Eq J has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Russell Emerg Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.24
    β
    Beta against DOW=0.48
    σ
    Overall volatility
    =17.31
    Ir
    Information ratio =0.35

    Russell Emerg Alerts

    Russell Emerg Alerts and Suggestions
    Russell Emerg Mkts generates negative expected return over the last 30 days
    Additionally see Investing Opportunities. Please also try Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
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