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

    IE00BG3F0N65 -- Ireland Fund  

    GBp 12,178  176.00  1.42%

    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
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    Mercer Global Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     12,178 30 days 12,178  ABOUT 22.8%
    Based on normal probability distribution, the odds of Mercer Global to move above current price in 30 days from now is about 22.8% (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 has beta of 0.7755 . This indicates as returns on market go up, Mercer Global average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Mercer Global High Yield Bond M 5 Acc will be expected to be much smaller as well. Additionally Mercer Global High Yield Bond M 5 Acc has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Mercer Global Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.07
    β
    Beta against DOW=0.78
    σ
    Overall volatility
    =6,212
    Ir
    Information ratio =0.08

    Mercer Global Alerts

    Mercer Global Alerts and Suggestions

    The fund retains about 5.71% of its assets under management (AUM) in cash
    Please also check Risk vs Return Analysis. Please also try Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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