Russell Emerg (Ireland) Probability of Target Price Finishing Over

    IE0002549487 -- Ireland Fund  

    EUR 225.61  5.52  2.39%

    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.
     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
     225.61 30 days 225.61  NEAR 1%
    Based on normal probability distribution, the odds of Russell Emerg to move above current price in 30 days from now is near 1% (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 0.0 . This indicates unless we do not have required data, the returns on DOW and Russell Emerg are completely uncorrelated. Additionally Russell Emerg Mkts Eq CIt does not look like Russell Emerg alpha can have any bearing on the equity current valuation.
     Russell Emerg Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.00
    β
    Beta against DOW=0.00
    σ
    Overall volatility
    =49.84
    Ir
    Information ratio =0.00

    Russell Emerg Alerts

    Russell Emerg Alerts and Suggestions
    Russell Emerg Mkts generates negative expected return over the last 30 days
    The fund retains about 6.6% of its assets under management (AUM) in cash
    Please also check Risk vs Return Analysis. Please also try Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.