Russell OW (Ireland) Probability of Target Price Finishing Over

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     0.00 30 days 0.00  ABOUT 79.19%
    Based on normal probability distribution, the odds of Russell OW to move above current price in 30 days from now is about 79.19% (This Russell OW Glbl High Dividend Eq B USD probability density function shows the probability of Russell OW Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Russell OW Glbl High Dividend Eq B USD has beta of -0.2479 . This indicates as returns on benchmark increase, returns on holding Russell OW are expected to decrease at a much smaller rate. During bear market, however, Russell OW Glbl High Dividend Eq B USD is likely to outperform the market. Additionally Russell OW Glbl High Dividend Eq B USD has an alpha of 0.0441 implying that it can potentially generate 0.0441% excess return over DOW after adjusting for the inherited market risk (beta).
     Russell OW Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.044085
    β
    Beta against DOW=0.25
    σ
    Overall volatility
    =591.31
    Ir
    Information ratio =0.13

    Russell OW Alerts

    Russell OW Alerts and Suggestions
    Russell OW Glbl has some characteristics of a very speculative penny stock
    The fund retains about 9.24% of its assets under management (AUM) in cash
    Please also check Risk vs Return Analysis. Please also try Portfolio Quick Import module to import or update all your transactions via one easy-to-use interface.