Old Mutual (Ireland) Probability of Target Price Finishing Over

    IE00BRTNQD39 -- Ireland Fund  

    USD 13.97  0.52  3.59%

    Old Mutual probability of target price tool provides mechanism to make assumptions about upside and downside potential of Old Mutual Eurp Ex UK Smlr Coms U1 Acc performance during a given time horizon utilizing its historical volatility. Please specify Old Mutual time horizon, a valid symbol (red box) and a target price (blue box) you would like Old Mutual odds to be computed. Please also check Risk vs Return Analysis.
     Time Horizon     30 Days    Login   to change
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    Old Mutual Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     13.97 30 days 13.97  ABOUT 28.54%
    Based on normal probability distribution, the odds of Old Mutual to move above current price in 30 days from now is about 28.54% (This Old Mutual Eurp Ex UK Smlr Coms U1 Acc probability density function shows the probability of Old Mutual Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Old Mutual has beta of 0.0 . This indicates unless we do not have required data, the returns on DOW and Old Mutual are completely uncorrelated. Additionally Old Mutual Eurp Ex UK Smlr Coms U1 AccIt does not look like Old Mutual alpha can have any bearing on the equity current valuation.
     Old Mutual Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.00
    β
    Beta against DOW=0.00
    σ
    Overall volatility
    =7.52
    Ir
    Information ratio =0.002167

    Old Mutual Alerts

    Old Mutual Alerts and Suggestions
    The fund retains about 5.89% of its assets under management (AUM) in cash
    Please also check Risk vs Return Analysis. Please also try Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.