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

    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
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    Hermes Global Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     0.00 30 days 0.00  ABOUT 78.36%
    Based on normal probability distribution, the odds of Hermes Global to move above current price in 30 days from now is about 78.36% (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 -0.1088 . 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 Hermes Global Emerging Markets has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Hermes Global Price Density 
          Price 
    α
    Alpha over DOW
    =0.07
    β
    Beta against DOW=0.11
    σ
    Overall volatility
    =74.06
    Ir
    Information ratio =0.09

    Hermes Global Alerts

    Hermes Global Alerts and Suggestions

    Hermes Global is not yet fully synchronised with the market data
    Hermes Global generates negative expected return over the last 30 days
    Hermes Global has some characteristics of a very speculative penny stock
    The fund retains 95.72% of its assets under management (AUM) in equities
    Please also check Risk vs Return Analysis. Please also try Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
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