Mediolanum (Ireland) Probability of Target Price Finishing Over Current Price

    IE00B3BF0P92 -- Ireland Fund  

    EUR 11.46  0.10  0.87%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     11.46 30 days 11.46 
    ABOUT 7.83%
    Based on normal probability distribution, the odds of Mediolanum to move above current price in 30 days from now is about 7.83% (This Mediolanum Bb Premium Coupon Cllctn SHC probability density function shows the probability of Mediolanum Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Mediolanum Bb Premium Coupon Cllctn SHC has beta of -0.0213 . This indicates as returns on benchmark increase, returns on holding Mediolanum are expected to decrease at a much smaller rate. During bear market, however, Mediolanum Bb Premium Coupon Cllctn SHC is likely to outperform the market. Additionally The company has an alpha of 0.0077 implying that it can potentially generate 0.0077% excess return over DOW after adjusting for the inherited market risk (beta).
     Mediolanum Price Density 
    Alpha over DOW
    Beta against DOW=0.02
    Overall volatility
    Information ratio =1.55

    Mediolanum Alerts and Suggestions

    Mediolanum is not yet fully synchronised with the market data
    Mediolanum generates negative expected return over the last 30 days
    The fund retains about 30.1% of its assets under management (AUM) in cash

    MediolanumPrice Density Drivers