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

    IE00B458ZH80 -- Ireland Fund  

    USD 9.95  0.38  3.68%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     9.95 30 days 9.95  ABOUT 43.36%
    Based on normal probability distribution, the odds of Dimensional World to move above current price in 30 days from now is about 43.36% (This Dimensional World Equity USD probability density function shows the probability of Dimensional World Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Dimensional World has beta of 0.2444 . This indicates as returns on market go up, Dimensional World average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Dimensional World Equity USD will be expected to be much smaller as well. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Dimensional World is significantly underperforming DOW.
     Dimensional World Price Density 
          Price 
    α
    Alpha over DOW
    =0.7
    β
    Beta against DOW=0.24
    σ
    Overall volatility
    =5.39
    Ir
    Information ratio =0.33

    Dimensional World Alerts and Suggestions

    Dimensional World is not yet fully synchronised with the market data
    The fund retains 98.93% of its assets under management (AUM) in equities

    Dimensional WorldPrice Density Drivers

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