Wellington Global (Ireland) Probability of Target Price Finishing Over Current Price

    IE00B1DRXX88 -- Ireland Fund  

    USD 13.45  0.02  0.15%

    Wellington Global probability of target price tool provides mechanism to make assumptions about upside and downside potential of Wellington Global Bond USD S Acc H performance during a given time horizon utilizing its historical volatility. Please specify Wellington Global time horizon, a valid symbol (red box) and a target price (blue box) you would like Wellington Global odds to be computed. Please also check Risk vs Return Analysis.
    Horizon     30 Days    Login   to change
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    Wellington Global Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     13.45 30 days 13.45  ABOUT 14.63%
    Based on normal probability distribution, the odds of Wellington Global to move above current price in 30 days from now is about 14.63% (This Wellington Global Bond USD S Acc H probability density function shows the probability of Wellington Global Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Wellington Global Bond USD S Acc H has beta of -0.0323 . This indicates as returns on benchmark increase, returns on holding Wellington Global are expected to decrease at a much smaller rate. During bear market, however, Wellington Global Bond USD S Acc H is likely to outperform the market. Additionally Wellington Global Bond USD S Acc H has an alpha of 0.0017 implying that it can potentially generate 0.0017% excess return over DOW after adjusting for the inherited market risk (beta).
     Wellington Global Price Density 
          Price 
    α
    Alpha over DOW
    =0.001698
    β
    Beta against DOW=0.03
    σ
    Overall volatility
    =6.74
    Ir
    Information ratio =0.85

    Wellington Global Alerts

    Wellington Global Alerts and Suggestions

    Wellington Global is not yet fully synchronised with the market data
    Wellington Global generates negative expected return over the last 30 days
    The fund retains about 27.6% of its assets under management (AUM) in cash

    Price Density Drivers

    Wellington Global Health Indicators

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