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

    IE00B434CK08 -- Ireland Fund  

    EUR 5.95  0.02  0.34%

    Mediolanum probability of target price tool provides mechanism to make assumptions about upside and downside potential of Mediolanum BB Coupon SC LH A 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
     5.95 30 days 5.95  ABOUT 8.36%
    Based on normal probability distribution, the odds of Mediolanum to move above current price in 30 days from now is about 8.36% (This Mediolanum BB Coupon SC LH A 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 Coupon SC LH A has beta of -0.0372 . 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 Coupon SC LH A is likely to outperform the market. Additionally Mediolanum BB Coupon SC LH A has an alpha of 0.0097 implying that it can potentially generate 0.0097% excess return over DOW after adjusting for the inherited market risk (beta).
     Mediolanum Price Density 
          Price 
    α
    Alpha over DOW
    =0.009677
    β
    Beta against DOW=0.04
    σ
    Overall volatility
    =2.90
    Ir
    Information ratio =0.61

    Mediolanum Alerts

    Mediolanum Alerts and Suggestions

    Mediolanum BB Coupon is not yet fully synchronised with the market data
    The fund retains about 22.7% of its assets under management (AUM) in cash

    Price Density Drivers

    Mediolanum Health Indicators

    Please also check Risk vs Return Analysis. Please also try Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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