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

    IE00B1FZR279 -- Ireland Fund  

    USD 116.52  0.14  0.12%

    Russell Multi probability of target price tool provides mechanism to make assumptions about upside and downside potential of Russell Multi Asset Defensive A 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
     116.52 30 days 116.52  ABOUT 28.22%
    Based on normal probability distribution, the odds of Russell Multi to move above current price in 30 days from now is about 28.22% (This Russell Multi Asset Defensive A 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 Defensive A Acc has beta of -0.0074 . 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 Defensive A Acc is likely to outperform the market. Additionally Russell Multi Asset Defensive A 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 
          Price 
    α
    Alpha over DOW
    =0.02
    β
    Beta against DOW=0.0074
    σ
    Overall volatility
    =53.19
    Ir
    Information ratio =1.10

    Russell Multi Alerts

    Russell Multi Alerts and Suggestions

    Russell Multi Asset is not yet fully synchronised with the market data
    The fund retains about 31.44% 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 CEO Directory module to screen ceos from public companies around the world.
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