Mediolanum Ch (Ireland) Probability of Target Price Finishing Over

    IE0004406397 -- Ireland Fund  

    EUR 14.29  0.00  0.00%

    Mediolanum Ch 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 Ch time horizon, a valid symbol (red box) and a target price (blue box) you would like Mediolanum Ch odds to be computed. Please also check Risk vs Return Analysis.
     Time Horizon     30 Days    Login   to change
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    Mediolanum Ch Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     14.29 30 days 14.29  ABOUT 67.06%
    Based on normal probability distribution, the odds of Mediolanum Ch to move above current price in 30 days from now is about 67.06% (This Mediolanum Ch International Bond SH A probability density function shows the probability of Mediolanum Ch Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Mediolanum Ch International Bond SH A has beta of -0.217 . This indicates as returns on benchmark increase, returns on holding Mediolanum Ch are expected to decrease at a much smaller rate. During bear market, however, Mediolanum Ch International Bond SH A is likely to outperform the market. 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 Ch Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.1
    β
    Beta against DOW=0.22
    σ
    Overall volatility
    =0.15
    Ir
    Information ratio =0.43

    Mediolanum Ch Alerts

    Mediolanum Ch Alerts and Suggestions
    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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.