MGI UK (Ireland) Probability of Target Price Finishing Over Current Price

    MGI UK probability of target price tool provides mechanism to make assumptions about upside and downside potential of MGI UK Cash M 3 GBP Acc performance during a given time horizon utilizing its historical volatility. Please specify MGI UK time horizon, a valid symbol (red box) and a target price (blue box) you would like MGI UK odds to be computed. Please also check Risk vs Return Analysis.
    Horizon     30 Days    Login   to change
    Symbol:
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    MGI UK Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     0.00 30 days 0.00  ABOUT 91.53%
    Based on normal probability distribution, the odds of MGI UK to move above current price in 30 days from now is about 91.53% (This MGI UK Cash M 3 GBP Acc probability density function shows the probability of MGI UK Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, MGI UK Cash M 3 GBP Acc has beta of -1.0E-4 . This indicates as returns on benchmark increase, returns on holding MGI UK are expected to decrease at a much smaller rate. During bear market, however, MGI UK Cash M 3 GBP Acc is likely to outperform the market. Additionally MGI UK Cash M 3 GBP Acc has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     MGI UK Price Density 
          Price 
    α
    Alpha over DOW
    =0.02
    β
    Beta against DOW=0.0001
    σ
    Overall volatility
    =4,823
    Ir
    Information ratio =1.77

    MGI UK Alerts

    MGI UK Alerts and Suggestions

    MGI UK Cash is not yet fully synchronised with the market data
    MGI UK Cash generates negative expected return over the last 30 days
    MGI UK Cash has some characteristics of a very speculative penny stock
    The fund retains about 95.94% of its assets under management (AUM) in cash

    Price Density Drivers

    MGI UK Health Indicators

    Please also check Risk vs Return Analysis. Please also try Price Transformation module to use price transformation models to analyze depth of different equity instruments across global markets.
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