CGWM Select (Ireland) Probability of Target Price Finishing Over Current Price

    IE00BGLP2096 -- Ireland Fund  

    EUR 89.56  0.10  0.11%

    CGWM Select probability of target price tool provides mechanism to make assumptions about upside and downside potential of CGWM Select Bond A EUR H performance during a given time horizon utilizing its historical volatility. Please specify CGWM Select time horizon, a valid symbol (red box) and a target price (blue box) you would like CGWM Select odds to be computed. Please also check Risk vs Return Analysis.
    Horizon     30 Days    Login   to change
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    CGWM Select Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     89.56 30 days 89.56  ABOUT 10.48%
    Based on normal probability distribution, the odds of CGWM Select to move above current price in 30 days from now is about 10.48% (This CGWM Select Bond A EUR H probability density function shows the probability of CGWM Select Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, CGWM Select has beta of 0.0073 . This indicates as returns on market go up, CGWM Select average returns are expected to increase less than the benchmark. However during bear market, the loss on holding CGWM Select Bond A EUR H will be expected to be much smaller as well. Additionally CGWM Select Bond A EUR H has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     CGWM Select Price Density 
          Price 
    α
    Alpha over DOW
    =0.06
    β
    Beta against DOW=0.0073
    σ
    Overall volatility
    =44.74
    Ir
    Information ratio =0.15

    CGWM Select Alerts

    CGWM Select Alerts and Suggestions

    CGWM Select Bond is not yet fully synchronised with the market data
    CGWM Select Bond generates negative expected return over the last 30 days

    Price Density Drivers

    CGWM Select Health Indicators

    Please also check Risk vs Return Analysis. Please also try Instant Ratings module to determine any equity ratings based on digital recommendations. macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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