Russell Multi (Ireland) Probability of Target Price Finishing Over Current Price

    IE00BQPWDC54 -- Ireland Fund  

    GBp 87,639  776.00  0.88%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     87,639 30 days 87,639  ABOUT 76.74%
    Based on normal probability distribution, the odds of Russell Multi to move above current price in 30 days from now is about 76.74% (This Russell Multi Strategy Vol A H Roll Up probability density function shows the probability of Russell Multi Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Russell Multi Strategy Vol A H Roll Up has beta of -0.1099 . This indicates as returns on benchmark increase, returns on holding Russell Multi are expected to decrease at a much smaller rate. During bear market, however, Russell Multi Strategy Vol A H Roll Up is likely to outperform the market. Additionally Russell Multi Strategy Vol A H Roll Up has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Russell Multi Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.17
    β
    Beta against DOW=0.11
    σ
    Overall volatility
    =425.03
    Ir
    Information ratio =0.45

    Current Sentiment - IE00BQPWDC54

    Russell Multi Strategy Investor Sentiment

    Macroaxis portfolio users are indifferent in their judgment towards investing in Russell Multi Strategy Vol A H Roll Up. What is your perspective on investing in Russell Multi Strategy Vol A H Roll Up? Are you bullish or bearish?
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