Coutts Multi (Ireland) Probability of Target Price Finishing Over

    IE00B41H1W66 -- Ireland Fund  

    USD 1.29  0.00  0.00%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     1.29 30 days 1.29  ABOUT 18.87%
    Based on normal probability distribution, the odds of Coutts Multi to move above current price in 30 days from now is about 18.87% (This Coutts Multi Asset Glbl Growth B USD probability density function shows the probability of Coutts Multi Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Coutts Multi Asset Glbl Growth B USD has beta of -0.0953 . This indicates as returns on benchmark increase, returns on holding Coutts Multi are expected to decrease at a much smaller rate. During bear market, however, Coutts Multi Asset Glbl Growth B USD is likely to outperform the market. Additionally Coutts Multi Asset Glbl Growth B USD has an alpha of 0.1695 implying that it can potentially generate 0.1695% excess return over DOW after adjusting for the inherited market risk (beta).
     Coutts Multi Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.17
    β
    Beta against DOW=0.1
    σ
    Overall volatility
    =0.66
    Ir
    Information ratio =0.18

    Coutts Multi Alerts

    Coutts Multi Alerts and Suggestions
    Coutts Multi Asset generates negative expected return over the last 30 days
    Coutts Multi Asset may become a speculative penny stock
    The fund retains about 39.35% of its assets under management (AUM) in cash
    Please also check Risk vs Return Analysis. Please also try World Markets Correlation module to find global opportunities by holding instruments from different markets.