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

    IE0002549487 -- Ireland Fund  

    EUR 202.00  2.98  1.45%

    Russell Emerg probability of target price tool provides mechanism to make assumptions about upside and downside potential of Russell Emerg Mkts Eq C 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. Please also check Risk vs Return Analysis.
    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
     202.00 30 days 202.00  ABOUT 13.5%
    Based on normal probability distribution, the odds of Russell Emerg to move above current price in 30 days from now is about 13.5% (This Russell Emerg Mkts Eq C 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 0.3509 . This indicates 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 C will be expected to be much smaller as well. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Russell Emerg Mkts is significantly underperforming DOW.
     Russell Emerg Price Density 
          Price 
    α
    Alpha over DOW
    =0.19
    β
    Beta against DOW=0.35
    σ
    Overall volatility
    =111.38
    Ir
    Information ratio =0.31

    Russell Emerg Alerts

    Russell Emerg Alerts and Suggestions

    Russell Emerg Mkts is not yet fully synchronised with the market data
    The fund retains about 6.6% of its assets under management (AUM) in cash

    Price Density Drivers

    Russell Emerg Health Indicators

    Please also check Risk vs Return Analysis. Please also try Price Ceiling Movement module to calculate and plot price ceiling movement for different equity instruments.
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