Wellington Global (Ireland) Probability of Target Price Finishing Over Current Price

    IE00B7FC8D89 -- Ireland Fund  

    GBp 1,046  2.00  0.19%

    Wellington Global probability of target price tool provides mechanism to make assumptions about upside and downside potential of Wellington Global Crdt Pls G GBP Dis H performance during a given time horizon utilizing its historical volatility. Please specify Wellington Global time horizon, a valid symbol (red box) and a target price (blue box) you would like Wellington Global odds to be computed. Please also check Risk vs Return Analysis.
    Horizon     30 Days    Login   to change
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    Wellington Global Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     1,046 30 days 1,046  ABOUT 10.32%
    Based on normal probability distribution, the odds of Wellington Global to move above current price in 30 days from now is about 10.32% (This Wellington Global Crdt Pls G GBP Dis H probability density function shows the probability of Wellington Global Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Wellington Global Crdt Pls G GBP Dis H has beta of -0.0078 . This indicates as returns on benchmark increase, returns on holding Wellington Global are expected to decrease at a much smaller rate. During bear market, however, Wellington Global Crdt Pls G GBP Dis H is likely to outperform the market. Additionally Wellington Global Crdt Pls G GBP Dis H has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Wellington Global Price Density 
          Price 
    α
    Alpha over DOW
    =0.0049
    β
    Beta against DOW=0.0078
    σ
    Overall volatility
    =520.22
    Ir
    Information ratio =1.10

    Wellington Global Alerts

    Wellington Global Alerts and Suggestions

    Wellington Global is not yet fully synchronised with the market data
    Wellington Global generates negative expected return over the last 30 days
    The fund retains about 22.52% of its assets under management (AUM) in cash

    Price Density Drivers

    Wellington Global Health Indicators

    Please also check Risk vs Return Analysis. Please also try Coins and Tokens Correlation module to utilize digital token correlation table to build portfolio of cryptocurrencies across multiple exchanges.
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