Mediolanum (Ireland) Probability of Target Price Finishing Over Current Price

    IE0004406397 -- Ireland Fund  

    EUR 14.13  0.00  0.00%

    Mediolanum probability of target price tool provides mechanism to make assumptions about upside and downside potential of Mediolanum Ch International Bond SH A performance during a given time horizon utilizing its historical volatility. Please specify Mediolanum time horizon, a valid symbol (red box) and a target price (blue box) you would like Mediolanum odds to be computed. Please also check Risk vs Return Analysis.
    Horizon     30 Days    Login   to change
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    Mediolanum Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     14.13 30 days 14.13  ABOUT 23.64%
    Based on normal probability distribution, the odds of Mediolanum to move above current price in 30 days from now is about 23.64% (This Mediolanum Ch International Bond SH A probability density function shows the probability of Mediolanum Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Mediolanum has beta of 0.029 . This indicates as returns on market go up, Mediolanum average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Mediolanum Ch International Bond SH A will be expected to be much smaller as well. Additionally Mediolanum Ch International Bond SH A has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Mediolanum Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.03
    β
    Beta against DOW=0.029
    σ
    Overall volatility
    =7.03
    Ir
    Information ratio =0.57

    Mediolanum Alerts

    Mediolanum Alerts and Suggestions

    Mediolanum Ch Intern generates negative expected return over the last 30 days
    The fund retains about 97.49% of its assets under management (AUM) in fixed income securities
    Please also check Risk vs Return Analysis. Please also try Commodity Channel Index module to use commodity channel index to analyze current equity momentum.
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