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

    IE00BDW02465 -- Ireland Fund  

    EUR 1,100  0.46  0.0418%

    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
    Symbol:
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    Russell Global Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     1,100 30 days 1,100  ABOUT 24.16%
    Based on normal probability distribution, the odds of Russell Global to move above current price in 30 days from now is about 24.16% (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 has beta of 0.0135 . This indicates as returns on market go up, Russell Global average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Russell Global Bond Q EUR will be expected to be much smaller as well. Additionally Russell Global Bond Q EUR has an alpha of 0.1359 implying that it can potentially generate 0.1359% excess return over DOW after adjusting for the inherited market risk (beta).
     Russell Global Price Density 
          Price 
    α
    Alpha over DOW
    =0.14
    β
    Beta against DOW=0.0135
    σ
    Overall volatility
    =532.09
    Ir
    Information ratio =0.20

    Russell Global Alerts

    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

    Price Density Drivers

    Russell Global Health Indicators

    Please also check Risk vs Return Analysis. Please also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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