Mediolanum (Ireland) Probability of Target Price Finishing Over Current Price

    IE00B94H8N85 -- Ireland Fund  

    EUR 5.35  0.08  1.47%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     5.35 30 days 5.35  ABOUT 21.43%
    Based on normal probability distribution, the odds of Mediolanum to move above current price in 30 days from now is about 21.43% (This Mediolanum BB Infrastructure Oppo Col LB probability density function shows the probability of Mediolanum Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Mediolanum BB Infrastructure Oppo Col LB has beta of -0.0203 . This indicates as returns on benchmark increase, returns on holding Mediolanum are expected to decrease at a much smaller rate. During bear market, however, Mediolanum BB Infrastructure Oppo Col LB is likely to outperform the market. Additionally Mediolanum BB Infrastructure Oppo Col LB has an alpha of 0.3694 implying that it can potentially generate 0.3694% excess return over DOW after adjusting for the inherited market risk (beta).
     Mediolanum Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.37
    β
    Beta against DOW=0.02
    σ
    Overall volatility
    =2.57
    Ir
    Information ratio =0.35

    Mediolanum Alerts

    Mediolanum Alerts and Suggestions

    Mediolanum BB Infras is not yet fully synchronised with the market data
    The fund retains about 7.74% of its assets under management (AUM) in cash

    Price Density Drivers

    Mediolanum Health Indicators

    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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