AXA Rosenberg (Ireland) Probability of Target Price Finishing Over Current Price

    IE0031069499 -- Ireland Fund  

    EUR 66.13  1.62  2.39%

    AXA Rosenberg probability of target price tool provides mechanism to make assumptions about upside and downside potential of AXA Rosenberg Pac ex Jap Sm Cp Alp B performance during a given time horizon utilizing its historical volatility. Please specify AXA Rosenberg time horizon, a valid symbol (red box) and a target price (blue box) you would like AXA Rosenberg odds to be computed. Please also check Risk vs Return Analysis.
    Horizon     30 Days    Login   to change
    Symbol:
    Refresh Odds

    AXA Rosenberg Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     66.13 30 days 66.13  NEAR 1%
    Based on normal probability distribution, the odds of AXA Rosenberg to move above current price in 30 days from now is near 1% (This AXA Rosenberg Pac ex Jap Sm Cp Alp B probability density function shows the probability of AXA Rosenberg Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, AXA Rosenberg Pac ex Jap Sm Cp Alp B has beta of -0.0011 . This indicates as returns on benchmark increase, returns on holding AXA Rosenberg are expected to decrease at a much smaller rate. During bear market, however, AXA Rosenberg Pac ex Jap Sm Cp Alp B is likely to outperform the market. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. AXA Rosenberg Pac is significantly underperforming DOW.
     AXA Rosenberg Price Density 
          Price 
    α
    Alpha over DOW
    =0.07
    β
    Beta against DOW=0.0011
    σ
    Overall volatility
    =16.30
    Ir
    Information ratio =0.36

    AXA Rosenberg Alerts

    AXA Rosenberg Alerts and Suggestions

    AXA Rosenberg Pac is not yet fully synchronised with the market data
    The fund retains 98.95% of its assets under management (AUM) in equities

    Price Density Drivers

    AXA Rosenberg Health Indicators

    Please also check Risk vs Return Analysis. Please also try Financial Widgets module to easily integrated macroaxis content with over 30 different plug-and-play financial widgets.
    Search macroaxis.com