Russell Emerg (Ireland) Probability of Target Price Finishing Over Current Price

    F0GBR05XFA -- Ireland Fund  

     53.26  0.86  1.59%

    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.
    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
     53.26 30 days 53.26  ABOUT 44.52%
    Based on normal probability distribution, the odds of Russell Emerg to move above current price in 30 days from now is about 44.52% (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 Mkts Eq J has beta of -0.3218 suggesting as returns on benchmark increase, returns on holding Russell Emerg are expected to decrease at a much smaller rate. During bear market, however, Russell Emerg Mkts Eq J is likely to outperform the market. 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   
    Alpha over DOW
    Beta against DOW=0.32
    Overall volatility
    Information ratio =0.46

    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 Price Transformation module to use price transformation models to analyze depth of different equity instruments across global markets.