Kames Abs (Ireland) Probability of Target Price Finishing Over

    IE00BVVQ0700 -- Ireland Fund  

    GBp 1,039  1.00  0.1%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     1,039 30 days 1,039  ABOUT 17.7%
    Based on normal probability distribution, the odds of Kames Abs to move above current price in 30 days from now is about 17.7% (This Kames Abs Ret Bd Glbl C GBP Acc probability density function shows the probability of Kames Abs Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Kames Abs Ret Bd Glbl C GBP Acc has beta of -148.6224 . This indicates as returns on its benchmark rise, returns on holding Kames Abs Ret Bd Glbl C GBP Acc are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Kames Abs is expected to outperform its benchmark. In addition to that Kames Abs Ret Bd Glbl C GBP Acc has an alpha of 535.9638 implying that it can potentially generate 535.9638% excess return over DOW after adjusting for the inherited market risk (beta).
     Kames Abs Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =535.96
    β
    Beta against DOW=148.62
    σ
    Overall volatility
    =531.45
    Ir
    Information ratio =0.23

    Kames Abs Alerts

    Kames Abs Alerts and Suggestions
    The fund retains about 61.24% of its assets under management (AUM) in cash
    Please also check Risk vs Return Analysis. Please also try Headlines Timeline module to stay connected to all market stories and filter out noise. drill down to analyze hype elasticity.