BNY Mellon (Ireland) Probability of Target Price Finishing Over Current Price

    IE00BGDFG169 -- Ireland Fund  

    AUD 10.22  0.00  0.00%

    BNY Mellon probability of target price tool provides mechanism to make assumptions about upside and downside potential of BNY Mellon Global Dividend Plus A AUDInc performance during a given time horizon utilizing its historical volatility. Please specify BNY Mellon time horizon, a valid symbol (red box) and a target price (blue box) you would like BNY Mellon odds to be computed. Please also check Risk vs Return Analysis.
    Horizon     30 Days    Login   to change
    Symbol:
    Refresh Odds

    BNY Mellon Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     10.22 30 days 10.22  NEAR 1%
    Based on normal probability distribution, the odds of BNY Mellon to move above current price in 30 days from now is near 1% (This BNY Mellon Global Dividend Plus A AUDInc probability density function shows the probability of BNY Mellon Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, BNY Mellon has beta of 0.0 . This indicates unless we do not have required data, the returns on DOW and BNY Mellon are completely uncorrelated. Additionally BNY Mellon Global Dividend Plus A AUDIncIt does not look like BNY Mellon alpha can have any bearing on the equity current valuation.
     BNY Mellon Price Density 
          Price 
    α
    Alpha over DOW
    =0.00
    β
    Beta against DOW=0.00
    σ
    Overall volatility
    =2.79
    Ir
    Information ratio =0.00

    BNY Mellon Alerts

    BNY Mellon Alerts and Suggestions

    BNY Mellon Global is not yet fully synchronised with the market data
    The fund retains all of the assets under management (AUM) in different types of exotic instruments
    Please also check Risk vs Return Analysis. Please also try Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of macroaxis ideas.
    Search macroaxis.com