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

    IE00BDW02465 -- Ireland Fund  

    EUR 1,103  0.93  0.08%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     1,103 30 days 1,103  ABOUT 25.99%
    Based on normal probability distribution, the odds of Russell Global to move above current price in 30 days from now is about 25.99% (This Russell Global Bond Q EUR probability density function shows the probability of Russell Global Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Russell Global Bond Q EUR has beta of -0.0684 . This indicates as returns on benchmark increase, returns on holding Russell Global are expected to decrease at a much smaller rate. During bear market, however, Russell Global Bond Q EUR is likely to outperform the market. Additionally The company has an alpha of 0.1887 implying that it can potentially generate 0.1887% excess return over DOW after adjusting for the inherited market risk (beta).
     Russell Global Price Density 
          Price 
    α
    Alpha over DOW
    =0.19
    β
    Beta against DOW=0.07
    σ
    Overall volatility
    =514.01
    Ir
    Information ratio =0.16

    Russell Global Alerts and Suggestions

    Russell Global Bond is not yet fully synchronised with the market data
    The fund retains about 13.97% of its assets under management (AUM) in cash

    Russell GlobalPrice Density Drivers

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