Dimensional Glbl (Ireland) Probability of Target Price Finishing Over Current Price

    IE00B3S6T365 -- Ireland Fund  

    USD 10.21  0.02  0.20%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     10.21 30 days 10.21  ABOUT 21.31%
    Based on normal probability distribution, the odds of Dimensional Glbl to move above current price in 30 days from now is about 21.31% (This Dimensional Glbl Sht Fxd Inc USD probability density function shows the probability of Dimensional Glbl Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Dimensional Glbl has beta of 0.0023 . This indicates as returns on market go up, Dimensional Glbl average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Dimensional Glbl Sht Fxd Inc USD will be expected to be much smaller as well. Additionally The company has an alpha of 0.0146 implying that it can potentially generate 0.0146% excess return over DOW after adjusting for the inherited market risk (beta).
     Dimensional Glbl Price Density 
          Price 
    α
    Alpha over DOW
    =0.014574
    β
    Beta against DOW=0.0023
    σ
    Overall volatility
    =5.06
    Ir
    Information ratio =0.31

    Dimensional Glbl Alerts

    Dimensional Glbl Alerts and Suggestions

    Dimensional Glbl Sht is not yet fully synchronised with the market data
    The fund retains about 97.63% of its assets under management (AUM) in fixed income securities
    Please also check Risk vs Return Analysis. Please also try Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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