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

    IE00B458ZH80 -- Ireland Fund  

    USD 12.11  0.16  1.30%

    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
     12.11 30 days 12.11  ABOUT 26.34%
    Based on normal probability distribution, the odds of Dimensional World to move above current price in 30 days from now is about 26.34% (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 Equity USD has beta of -0.0761 . This indicates as returns on benchmark increase, returns on holding Dimensional World are expected to decrease at a much smaller rate. During bear market, however, Dimensional World Equity USD is likely to outperform the market. Additionally Dimensional World Equity USD has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Dimensional World Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.15
    β
    Beta against DOW=0.08
    σ
    Overall volatility
    =6.10
    Ir
    Information ratio =0.021396

    Dimensional World Alerts

    Dimensional World Alerts and Suggestions

    Dimensional World is not yet fully synchronised with the market data
    Dimensional World generates negative expected return over the last 30 days
    The fund retains 98.93% of its assets under management (AUM) in equities
    Please also check Risk vs Return Analysis. Please also try Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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