Mediolanum BB (Ireland) Probability of Target Price Finishing Over

    IE00B2NLMS57 -- Ireland Fund  

    EUR 15.44  0.16  1.03%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     15.44 30 days 15.44  ABOUT 11.8%
    Based on normal probability distribution, the odds of Mediolanum BB to move above current price in 30 days from now is about 11.8% (This Mediolanum BB JPMorgan Glbl Sel S A probability density function shows the probability of Mediolanum BB Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Mediolanum BB has beta of 0.0695 . This indicates as returns on market go up, Mediolanum BB average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Mediolanum BB JPMorgan Glbl Sel S A will be expected to be much smaller as well. Additionally Mediolanum BB JPMorgan Glbl Sel S A has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Mediolanum BB Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.02
    β
    Beta against DOW=0.07
    σ
    Overall volatility
    =7.73
    Ir
    Information ratio =1.82

    Mediolanum BB Alerts

    Mediolanum BB Alerts and Suggestions
    Mediolanum BB generates negative expected return over the last 30 days
    The fund retains about 8.7% of its assets under management (AUM) in cash
    Please also check Risk vs Return Analysis. Please also try Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
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