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

    IE00B05KX727 -- Ireland Fund  

    USD 170.54  2.22  1.28%

    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
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    Russell Multi Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     170.54 30 days 170.54  ABOUT 36.6%
    Based on normal probability distribution, the odds of Russell Multi to move above current price in 30 days from now is about 36.6% (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 0.0273 . This indicates as returns on market go up, Russell Multi average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Russell Multi Asset 70 B Acc will be expected to be much smaller as well. Additionally The company has an alpha of 0.0189 implying that it can potentially generate 0.0189% excess return over DOW after adjusting for the inherited market risk (beta).
     Russell Multi Price Density 
    Alpha over DOW
    Beta against DOW=0.0273
    Overall volatility
    Information ratio =0.09

    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

    Russell MultiPrice Density Drivers