Mercer Global probability of target price tool provides mechanism to make assumptions about upside and downside potential of Mercer Global High Yield Bond M 5 Acc performance during a given time horizon utilizing its historical volatility. Please specify Mercer Global time horizon, a valid symbol (red box) and a target price (blue box) you would like Mercer Global odds to be computed. Please also check Risk vs Return Analysis.
|Horizon||30 Days Login to change|
Mercer Global Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|0.00||30 days||0.00||UNDER 95%|
Based on normal probability distribution, the odds of Mercer Global to move above current price in 30 days from now is under 95% (This Mercer Global High Yield Bond M 5 Acc probability density function shows the probability of Mercer Global Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, Mercer Global High Yield Bond M 5 Acc has beta of -0.0025 . This indicates as returns on benchmark increase, returns on holding Mercer Global are expected to decrease at a much smaller rate. During bear market, however, Mercer Global High Yield Bond M 5 Acc is likely to outperform the market. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Mercer Global High is significantly underperforming DOW.
Mercer Global Price Density
|Alpha over DOW||=||0.08|
|Beta against DOW||=||0.0025|