Old Mutual (Ireland) Probability of Target Price Finishing Over Current Price

    SKGJZ -- Ireland Fund  

    USD 12.83  0.01  0.08%

    Old Mutual probability of target price tool provides mechanism to make assumptions about upside and downside potential of Old Mutual Global Bond C USD Acc performance during a given time horizon utilizing its historical volatility. Please specify Old Mutual time horizon, a valid symbol (red box) and a target price (blue box) you would like Old Mutual odds to be computed. Also please take a look at World Market Map.
    Horizon     30 Days    Login   to change
    Symbol:
    Refresh Odds

    Old Mutual Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     12.83 30 days 12.83  ABOUT 31.4%
    Based on normal probability distribution, the odds of Old Mutual to move above current price in 30 days from now is about 31.4% (This Old Mutual Global Bond C USD Acc probability density function shows the probability of Old Mutual Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Old Mutual has beta of 0.0378 . This entails as returns on market go up, Old Mutual average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Old Mutual Global Bond C USD Acc will be expected to be much smaller as well. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Old Mutual Global is significantly underperforming DOW.
     Old Mutual Price Density 
          Price 
    α
    Alpha over DOW
    =0.16
    β
    Beta against DOW=0.0378
    σ
    Overall volatility
    =5.64
    Ir
    Information ratio =0.21

    Old Mutual Alerts

    Old Mutual Alerts and Suggestions

    Old Mutual Global is not yet fully synchronised with the market data
    The fund maintains about 11.96% of its assets in cash

    Price Density Drivers

    Old Mutual Health Indicators

    Also please take a look at World Market Map. Please also try Coins and Tokens Correlation module to utilize digital token correlation table to build portfolio of cryptocurrencies across multiple exchanges.
    Search macroaxis.com