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
    Symbol:
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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 23.08%
    Based on normal probability distribution, the odds of LCJ FX to move above current price in 30 days from now is about 23.08% (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 -0.0111 . 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 LCJ FX FD B GBP has an alpha of 0.0035 implying that it can potentially generate 0.0035% excess return over DOW after adjusting for the inherited market risk (beta).
     LCJ FX Price Density 
          Price 
    α
    Alpha over DOW
    =0.003545
    β
    Beta against DOW=0.01
    σ
    Overall volatility
    =641.57
    Ir
    Information ratio =0.43

    LCJ FX Alerts

    LCJ FX Alerts and Suggestions

    LCJ FX FD is not yet fully synchronised with the market data
    LCJ FX FD generates negative expected return over the last 30 days
    Check also Trending Equities. Please also try World Markets Correlation module to find global opportunities by holding instruments from different markets.
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