Muzinich Glbl (Ireland) Probability of Target Price Finishing Over

IE00BF5S8N25 -- Ireland Fund  

GBp 9,723  2.00  0.0206%

Muzinich Glbl probability of target price tool provides mechanism to make assumptions about upside and downside potential of Muzinich Glbl Tctl Crdt Hgd GBP performance during a given time horizon utilizing its historical volatility. Please specify Muzinich Glbl time horizon, a valid symbol (red box) and a target price (blue box) you would like Muzinich Glbl odds to be computed. Please also check Muzinich Glbl Backtesting, Portfolio Optimization, Muzinich Glbl Correlation, Muzinich Glbl Hype Analysis, Muzinich Glbl Volatility, Muzinich Glbl History as well as Muzinich Glbl Performance.
 Time Horizon     30 Days    Login   to change
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Muzinich Glbl Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 9,723 30 days 9,723  NEAR 1%
Based on normal probability distribution, the odds of Muzinich Glbl to move above current price in 30 days from now is near 1% (This Muzinich Glbl Tctl Crdt Hgd GBP probability density function shows the probability of Muzinich Glbl Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Muzinich Glbl Tctl Crdt Hgd GBP has beta of -0.002 . This indicates as returns on benchmark increase, returns on holding Muzinich Glbl are expected to decrease at a much smaller rate. During bear market, however, Muzinich Glbl Tctl Crdt Hgd GBP is likely to outperform the market. Additionally Muzinich Glbl Tctl Crdt Hgd GBP has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Muzinich Glbl Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.01
β
Beta against DOW=0.002
σ
Overall volatility
=2,856
Ir
Information ratio =18.9

Muzinich Glbl Alerts

Muzinich Glbl Alerts and Suggestions
The fund retains about 7.62% of its assets under management (AUM) in cash
Please also check Muzinich Glbl Backtesting, Portfolio Optimization, Muzinich Glbl Correlation, Muzinich Glbl Hype Analysis, Muzinich Glbl Volatility, Muzinich Glbl History as well as Muzinich Glbl Performance. Please also try Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
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