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

    IE00B434CK08 -- Ireland Fund  

    EUR 6.06  0.00  0.00%

    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
     6.06 30 days 6.06  ABOUT 7.71%
    Based on normal probability distribution, the odds of Mediolanum to move above current price in 30 days from now is about 7.71% (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 -0.1005 . 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 0.0069 implying that it can potentially generate 0.0069% excess return over DOW after adjusting for the inherited market risk (beta).
     Mediolanum Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.006946
    β
    Beta against DOW=0.1
    σ
    Overall volatility
    =2.90
    Ir
    Information ratio =0.43

    Mediolanum Alerts

    Mediolanum Alerts and Suggestions

    Mediolanum BB Coupon generates negative expected return over the last 30 days
    The fund retains about 22.7% of its assets under management (AUM) in cash
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