Man GLG (Ireland) Probability of Target Price Finishing Over Current Price

    IE00BWBSFJ00 -- Ireland Fund  

    EUR 111.19  0.02  0.018%

    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.
    Horizon     30 Days    Login   to change
    Symbol:
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    Man GLG Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     111.19 30 days 111.19  ABOUT 24.27%
    Based on normal probability distribution, the odds of Man GLG to move above current price in 30 days from now is about 24.27% (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 Eurp Mid Cap Eq Alt IN Acc has beta of -0.0144 . This indicates as returns on benchmark increase, returns on holding Man GLG are expected to decrease at a much smaller rate. During bear market, however, Man GLG Eurp Mid Cap Eq Alt IN Acc is likely to outperform the market. Additionally The company has an alpha of 0.0123 implying that it can potentially generate 0.0123% excess return over DOW after adjusting for the inherited market risk (beta).
     Man GLG Price Density 
          Price 
    α
    Alpha over DOW
    =0.012253
    β
    Beta against DOW=0.01
    σ
    Overall volatility
    =56.11
    Ir
    Information ratio =0.1

    Man GLG Alerts

    Man GLG Alerts and Suggestions

    Man GLG Eurp is not yet fully synchronised with the market data
    Man GLG Eurp generates negative expected return over the last 30 days

    Price Density Drivers

    Man GLG Health Indicators

    Please also check Risk vs Return Analysis. Please also try Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.
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