Man GLG (Ireland) Probability of Target Price Finishing Over Current Price

    IE00B5MLB684 -- Ireland Fund  

    EUR 100.81  0.19  0.19%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     100.81 30 days 100.81  ABOUT 25.07%
    Based on normal probability distribution, the odds of Man GLG to move above current price in 30 days from now is about 25.07% (This Man GLG European Equity Alt IN H SEK probability density function shows the probability of Man GLG Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Man GLG has beta of 0.0079 . This indicates as returns on market go up, Man GLG average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Man GLG European Equity Alt IN H SEK will be expected to be much smaller as well. Additionally Man GLG European Equity Alt IN H SEK has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Man GLG Price Density 
          Price 
    α
    Alpha over DOW
    =0.0036
    β
    Beta against DOW=0.0079
    σ
    Overall volatility
    =47.44
    Ir
    Information ratio =1.19

    Man GLG Alerts

    Man GLG Alerts and Suggestions

    Man GLG European is not yet fully synchronised with the market data
    Man GLG European generates negative expected return over the last 30 days
    The fund retains all of the assets under management (AUM) in different types of exotic instruments
    Please also check Risk vs Return Analysis. Please also try Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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