Plurima Apuano (Ireland) Probability of Target Price Finishing Over

    IE00BLY1R155 -- Ireland Fund  

    EUR 111.98  0.00  0.00%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     111.98 30 days 111.98  ABOUT 80.88%
    Based on normal probability distribution, the odds of Plurima Apuano to move above current price in 30 days from now is about 80.88% (This Plurima Apuano Flexible Bond A Instl probability density function shows the probability of Plurima Apuano Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Plurima Apuano Flexible Bond A Instl has beta of -0.0351 . This indicates as returns on benchmark increase, returns on holding Plurima Apuano are expected to decrease at a much smaller rate. During bear market, however, Plurima Apuano Flexible Bond A Instl is likely to outperform the market. Additionally Plurima Apuano Flexible Bond A Instl has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Plurima Apuano Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.2
    β
    Beta against DOW=0.04
    σ
    Overall volatility
    =0.47
    Ir
    Information ratio =1.02

    Plurima Apuano Alerts

    Plurima Apuano Alerts and Suggestions
    The fund retains about 82.21% of its assets under management (AUM) in fixed income securities
    Please also check Risk vs Return Analysis. Please also try Bollinger Bands module to use bollinger bands indicator to analyze target price for a given investing horizon.