Dimensional World (Ireland) Probability of Target Price Finishing Over

    IE00B56FVB15 -- Ireland Fund  

    GBp 1,530  22.00  1.42%

    Dimensional World probability of target price tool provides mechanism to make assumptions about upside and downside potential of Dimensional World Allocation 4 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.
     Time 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
     1,530 30 days 1,530  ABOUT 25.7%
    Based on normal probability distribution, the odds of Dimensional World to move above current price in 30 days from now is about 25.7% (This Dimensional World Allocation 4 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 Allocation 4 has beta of -0.063 . 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 Allocation 4 is likely to outperform the market. Additionally Dimensional World Allocation 4 has an alpha of 0.4084 implying that it can potentially generate 0.4084% excess return over DOW after adjusting for the inherited market risk (beta).
     Dimensional World Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.41
    β
    Beta against DOW=0.06
    σ
    Overall volatility
    =787.31
    Ir
    Information ratio =0.25

    Dimensional World Alerts

    Dimensional World Alerts and Suggestions
    The fund retains about 13.07% of its assets under management (AUM) in cash
    Please also check Risk vs Return Analysis. Please also try World Markets Correlation module to find global opportunities by holding instruments from different markets.