LCJ FX (Ireland) Probability of Target Price Finishing Over Current Price

    10220221 -- Ireland Fund  

    GBP 1,317  5.32  0.41%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     1,317 30 days 1,317  ABOUT 24.72%
    Based on normal probability distribution, the odds of LCJ FX to move above current price in 30 days from now is about 24.72% (This LCJ FX FD B GBP probability density function shows the probability of LCJ FX Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, LCJ FX FD B GBP has beta of -0.0666 . This suggests as returns on benchmark increase, returns on holding LCJ FX are expected to decrease at a much smaller rate. During bear market, however, LCJ FX FD B GBP is likely to outperform the market. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. LCJ FX FD is significantly underperforming DOW.
     LCJ FX Price Density 
          Price 
    α
    Alpha over DOW
    =0.0093
    β
    Beta against DOW=0.07
    σ
    Overall volatility
    =624.73
    Ir
    Information ratio =0.05

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