Dodge Cox (Ireland) Probability of Target Price Finishing Over Current Price

    IE00B55H5278 -- Ireland Fund  

    EUR 15.64  0.76  4.63%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     15.64 30 days 15.64  ABOUT 30.67%
    Based on normal probability distribution, the odds of Dodge Cox to move above current price in 30 days from now is about 30.67% (This Dodge Cox Worldwide Intl Stock A EUR probability density function shows the probability of Dodge Cox Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Dodge Cox has beta of 0.1441 . This indicates as returns on market go up, Dodge Cox average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Dodge Cox Worldwide Intl Stock A EUR will be expected to be much smaller as well. Additionally Dodge Cox Worldwide Intl Stock A EUR has an alpha of 0.1566 implying that it can potentially generate 0.1566% excess return over DOW after adjusting for the inherited market risk (beta).
     Dodge Cox Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.16
    β
    Beta against DOW=0.14
    σ
    Overall volatility
    =8.32
    Ir
    Information ratio =0.24

    Dodge Cox Alerts

    Dodge Cox Alerts and Suggestions

    Dodge Cox Worldwide is not yet fully synchronised with the market data
    Dodge Cox Worldwide generates negative expected return over the last 30 days
    Dodge Cox Worldwide has high historical volatility and very poor performance
    The fund retains 98.84% of its assets under management (AUM) in equities
    Please also check Risk vs Return Analysis. Please also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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