Man GLG (Ireland) Probability of Target Price Finishing Over

    IE00BWBSFJ00 -- Ireland Fund  

    EUR 116.30  0.93  0.81%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     116.30 30 days 116.30  ABOUT 13.52%
    Based on normal probability distribution, the odds of Man GLG to move above current price in 30 days from now is about 13.52% (This Man GLG Eurp Mid Cap Eq Alt IN Acc probability density function shows the probability of Man GLG Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Man GLG has beta of 0.3473 . This indicates as returns on market go up, Man GLG average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Man GLG Eurp Mid Cap Eq Alt IN Acc will be expected to be much smaller as well. Additionally Man GLG Eurp Mid Cap Eq Alt IN Acc has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Man GLG Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.04
    β
    Beta against DOW=0.35
    σ
    Overall volatility
    =58.32
    Ir
    Information ratio =0.16

    Current Sentiment - IE00BWBSFJ00

    Man GLG Eurp Investor Sentiment
    Macroaxis portfolio users are indifferent in their judgment towards investing in Man GLG Eurp Mid Cap Eq Alt IN Acc. What is your trading attitude regarding investing in Man GLG Eurp Mid Cap Eq Alt IN Acc? Are you bullish or bearish?
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    Please also check Risk vs Return Analysis. Please also try Price Ceiling Movement module to calculate and plot price ceiling movement for different equity instruments.