Acadian Emerg (Ireland) Probability of Target Price Finishing Over Current Price

    IE00BH7Y7M45 -- Ireland Fund  

    USD 14.92  0.08  0.53%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     14.92 30 days 14.92  ABOUT 72.69%
    Based on normal probability distribution, the odds of Acadian Emerg to move above current price in 30 days from now is about 72.69% (This Acadian Emerg Mkts Eq UCITS II C InsAcc probability density function shows the probability of Acadian Emerg Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Acadian Emerg Mkts Eq UCITS II C InsAcc has beta of -0.0018 . This indicates as returns on benchmark increase, returns on holding Acadian Emerg are expected to decrease at a much smaller rate. During bear market, however, Acadian Emerg Mkts Eq UCITS II C InsAcc 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. Acadian Emerg Mkts is significantly underperforming DOW.
     Acadian Emerg Price Density 
          Price 
    α
    Alpha over DOW
    =2.2
    β
    Beta against DOW=0.0018
    σ
    Overall volatility
    =0.68
    Ir
    Information ratio =0.52

    Acadian Emerg Alerts

    Acadian Emerg Alerts and Suggestions

    Acadian Emerg Mkts is not yet fully synchronised with the market data
    Acadian Emerg Mkts generates negative expected return over the last 30 days
    The fund retains 98.51% of its assets under management (AUM) in equities

    Price Density Drivers

    Acadian Emerg Health Indicators

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