Muzinich Glbl (Ireland) Probability of Target Price Finishing Over Current Price

    IE00BF5S8Q55 -- Ireland Fund  

    EUR 91.34  0.10  0.11%

    Muzinich Glbl probability of target price tool provides mechanism to make assumptions about upside and downside potential of Muzinich Glbl Tctl Crdt Hgd Euro 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 Risk vs Return Analysis.
    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
     91.34 30 days 91.34  ABOUT 89.69%
    Based on normal probability distribution, the odds of Muzinich Glbl to move above current price in 30 days from now is about 89.69% (This Muzinich Glbl Tctl Crdt Hgd Euro 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 has beta of 0.0393 . This indicates as returns on market go up, Muzinich Glbl average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Muzinich Glbl Tctl Crdt Hgd Euro will be expected to be much smaller as well. Additionally Muzinich Glbl Tctl Crdt Hgd Euro 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 
          Price 
    α
    Alpha over DOW
    =1.06
    β
    Beta against DOW=0.0393
    σ
    Overall volatility
    =1.90
    Ir
    Information ratio =0.76

    Muzinich Glbl Alerts

    Muzinich Glbl Alerts and Suggestions

    Muzinich Glbl Tctl is not yet fully synchronised with the market data
    The fund retains about 7.62% of its assets under management (AUM) in cash

    Price Density Drivers

    Muzinich Glbl Health Indicators

    Please also check Risk vs Return Analysis. Please also try Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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