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

    IE00B05KX727 -- Ireland Fund  

    USD 188.72  0.47  0.25%

    Russell Multi probability of target price tool provides mechanism to make assumptions about upside and downside potential of Russell Multi Asset 70 B Acc performance during a given time horizon utilizing its historical volatility. Please specify Russell Multi time horizon, a valid symbol (red box) and a target price (blue box) you would like Russell Multi odds to be computed. Please also check Risk vs Return Analysis.
    Horizon     30 Days    Login   to change
    Symbol:
    Refresh Odds

    Russell Multi Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     188.72 30 days 188.72  ABOUT 16.56%
    Based on normal probability distribution, the odds of Russell Multi to move above current price in 30 days from now is about 16.56% (This Russell Multi Asset 70 B Acc probability density function shows the probability of Russell Multi Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Russell Multi Asset 70 B Acc has beta of -0.0879 . This indicates as returns on benchmark increase, returns on holding Russell Multi are expected to decrease at a much smaller rate. During bear market, however, Russell Multi Asset 70 B Acc is likely to outperform the market. Additionally Russell Multi Asset 70 B Acc has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Russell Multi Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.14
    β
    Beta against DOW=0.09
    σ
    Overall volatility
    =96.84
    Ir
    Information ratio =0.08

    Russell Multi Alerts

    Russell Multi Alerts and Suggestions

    Russell Multi Asset is not yet fully synchronised with the market data
    The fund retains about 22.89% of its assets under management (AUM) in cash

    Price Density Drivers

    Russell Multi Health Indicators

    Please also check Risk vs Return Analysis. Please also try Money Flow Index module to determine momentum by analyzing money flow index and other technical indicators.
    Search macroaxis.com