Hermes Global (Ireland) Probability of Target Price Finishing Over Current Price

    IE00BWTNM305 -- Ireland Fund  

    USD 2.18  0.02  0.91%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     2.18 30 days 2.18  ABOUT 20.51%
    Based on normal probability distribution, the odds of Hermes Global to move above current price in 30 days from now is about 20.51% (This Hermes Global Emerging Markets R USD probability density function shows the probability of Hermes Global Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Hermes Global has beta of 0.0365 . This indicates as returns on market go up, Hermes Global average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Hermes Global Emerging Markets R USD will be expected to be much smaller as well. Additionally Hermes Global Emerging Markets R USD has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW.
     Hermes Global Price Density 
          Price 
    α
    Alpha over DOW
    =0.03
    β
    Beta against DOW=0.0365
    σ
    Overall volatility
    =1.32
    Ir
    Information ratio =0.26

    Hermes Global Alerts

    Hermes Global Alerts and Suggestions

    Hermes Global is not yet fully synchronised with the market data
    The fund retains 95.72% of its assets under management (AUM) in equities

    Price Density Drivers

    Hermes Global Health Indicators

    Please also check Risk vs Return Analysis. Please also try Piotroski F Score module to get piotroski f score based on binary analysis strategy of nine different fundamentals.
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