Old Mutual (Ireland) Probability of Target Price Finishing Over Current Price

    IE00BRTNQV11 -- Ireland Fund  

    GBp 1,699  80.00  4.94%

    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 R 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.
    Horizon     30 Days    Login   to change
    Symbol:
    Refresh Odds

    Old Mutual Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     1,699 30 days 1,699  ABOUT 20.67%
    Based on normal probability distribution, the odds of Old Mutual to move above current price in 30 days from now is about 20.67% (This Old Mutual Eurp Ex UK Smlr Coms R 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 Eurp Ex UK Smlr Coms R has beta of -0.8696 . This indicates Additionally Old Mutual Eurp Ex UK Smlr Coms R has an alpha of 0.7302 implying that it can potentially generate 0.7302% excess return over DOW after adjusting for the inherited market risk (beta).
     Old Mutual Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.73
    β
    Beta against DOW=0.87
    σ
    Overall volatility
    =805.60
    Ir
    Information ratio =0.16

    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 Financial Widgets module to easily integrated macroaxis content with over 30 different plug-and-play financial widgets.
    Search macroaxis.com