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

    IE00BBHXD765 -- Ireland Fund  

    GBp 122.00  2.00  1.61%

    Hermes Global probability of target price tool provides mechanism to make assumptions about upside and downside potential of Hermes Global Emerging Markets performance during a given time horizon utilizing its historical volatility. Please specify Hermes Global time horizon, a valid symbol (red box) and a target price (blue box) you would like Hermes Global odds to be computed. Please also check Risk vs Return Analysis.
    Horizon     30 Days    Login   to change
    Refresh Odds

    Hermes Global Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     122.00 30 days 122.00  ABOUT 18.98%
    Based on normal probability distribution, the odds of Hermes Global to move above current price in 30 days from now is about 18.98% (This Hermes Global Emerging Markets probability density function shows the probability of Hermes Global Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Hermes Global Emerging Markets has beta of -0.039 . This indicates as returns on benchmark increase, returns on holding Hermes Global are expected to decrease at a much smaller rate. During bear market, however, Hermes Global Emerging Markets is likely to outperform the market. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Hermes Global Emerging is significantly underperforming DOW.
     Hermes Global Price Density 
    Alpha over DOW
    Beta against DOW=0.04
    Overall volatility
    Information ratio =0.08

    Hermes Global Alerts and Suggestions

    Hermes Global is not yet fully synchronised with the market data
    The fund retains 95.72% of its assets under management (AUM) in equities

    Hermes GlobalPrice Density Drivers