Russell Multi (Ireland) Probability of Target Price Finishing Over

    IE00B05KX727 -- Ireland Fund  

    USD 190.90  0.09  0.0472%

    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.
     Time Horizon     30 Days    Login   to change
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    Russell Multi Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     190.90 30 days 190.90  ABOUT 20.49%
    Based on normal probability distribution, the odds of Russell Multi to move above current price in 30 days from now is about 20.49% (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 has beta of 0.0 . This indicates unless we do not have required data, the returns on DOW and Russell Multi are completely uncorrelated. Additionally Russell Multi Asset 70 B AccIt does not look like Russell Multi alpha can have any bearing on the equity current valuation.
     Russell Multi Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.00
    β
    Beta against DOW=0.00
    σ
    Overall volatility
    =95.52
    Ir
    Information ratio =0.00

    Russell Multi Alerts

    Russell Multi Alerts and Suggestions
    Russell Multi Asset generates negative expected return over the last 30 days
    The fund retains about 22.89% of its assets under management (AUM) in cash
    Please also check Risk vs Return Analysis. Please also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.