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

    SKGJZ -- Ireland Fund  

    USD 12.89  0.06  0.46%

    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
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    Old Mutual Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     12.89 30 days 12.89  ABOUT 21.0%
    Based on normal probability distribution, the odds of Old Mutual to move above current price in 30 days from now is about 21.0% (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 Global Bond C USD Acc has beta of -0.051 . This entails as returns on benchmark increase, returns on holding Old Mutual are expected to decrease at a much smaller rate. During bear market, however, Old Mutual Global Bond C USD Acc is likely to outperform the market. Additionally Old Mutual Global Bond C USD Acc has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Old Mutual Price Density 
          Price 
    α
    Alpha over DOW
    =0.25
    β
    Beta against DOW=0.05
    σ
    Overall volatility
    =6.87
    Ir
    Information ratio =0.27

    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
    Also please take a look at World Market Map. Please also try Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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