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

    IE00B3FNDN84 -- Ireland Fund  

    USD 2,357  3.74  0.16%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     2,357 30 days 2,357  ROUGHLY 97.0%
    Based on normal probability distribution, the odds of Russell OW to move above current price in 30 days from now is roughly 97.0% (This Russell OW Glb Listed Infra A probability density function shows the probability of Russell OW Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Russell OW Glb Listed Infra A has beta of -0.0807 . This indicates as returns on benchmark increase, returns on holding Russell OW are expected to decrease at a much smaller rate. During bear market, however, Russell OW Glb Listed Infra A is likely to outperform the market. Additionally Russell OW Glb Listed Infra A has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Russell OW Price Density 
          Price 
    α
    Alpha over DOW
    =0.34
    β
    Beta against DOW=0.08
    σ
    Overall volatility
    =22.04
    Ir
    Information ratio =0.16

    Russell OW Alerts

    Russell OW Alerts and Suggestions

    Russell OW Glb is not yet fully synchronised with the market data
    The fund retains 95.03% of its assets under management (AUM) in equities
    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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