R CFM (Ireland) Probability of Target Price Finishing Over Current Price

    IE00BSPL3L55 -- Ireland Fund  

    EUR 100.71  0.14  0.14%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     100.71 30 days 100.71  ABOUT 24.77%
    Based on normal probability distribution, the odds of R CFM to move above current price in 30 days from now is about 24.77% (This R CFM Diversified I EUR probability density function shows the probability of R CFM Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, R CFM Diversified I EUR has beta of -0.1952 . This indicates as returns on benchmark increase, returns on holding R CFM are expected to decrease at a much smaller rate. During bear market, however, R CFM Diversified I EUR is likely to outperform the market. Additionally R CFM Diversified I EUR has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     R CFM Price Density 
          Price 
    α
    Alpha over DOW
    =0.81
    β
    Beta against DOW=0.2
    σ
    Overall volatility
    =56.68
    Ir
    Information ratio =0.38

    R CFM Alerts

    R CFM Alerts and Suggestions

    R CFM Diversified is not yet fully synchronised with the market data
    Please also check Risk vs Return Analysis. Please also try Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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