1005971 (Ireland) Probability of Target Price Finishing Over

    1005971 -- Ireland Fund  

    USD 23.19  1.73  6.94%

    1005971 probability of target price tool provides mechanism to make assumptions about upside and downside potential of 1005971 performance during a given time horizon utilizing its historical volatility. Please specify 1005971 time horizon, a valid symbol (red box) and a target price (blue box) you would like 1005971 odds to be computed. Check also Trending Equities.
     Time Horizon     30 Days    Login   to change
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    1005971 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     23.19 30 days 23.19  ABOUT 18.19%
    Based on normal probability distribution, the odds of 1005971 to move above current price in 30 days from now is about 18.19% (This 1005971 probability density function shows the probability of 1005971 Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, 1005971 has beta of -0.7407 . This suggests as returns on benchmark increase, returns on holding 1005971 are expected to decrease at a much smaller rate. During bear market, however, 1005971 is likely to outperform the market. Additionally 1005971 has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     1005971 Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.21
    β
    Beta against DOW=0.74
    σ
    Overall volatility
    =12.34
    Ir
    Information ratio =0.1

    Current Sentiment - 1005971

    1005971 Investor Sentiment
    Macroaxis portfolio users are unresponsive in their sentiment towards investing in 1005971. What is your sentiment towards investing in 1005971? Are you bullish or bearish?
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    Check also Trending Equities. Please also try Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.