1048591 (Ireland) Probability of Target Price Finishing Over Current Price

    1048591 -- Ireland Fund  

    USD 25.60  0.61  2.33%

    1048591 probability of target price tool provides mechanism to make assumptions about upside and downside potential of 1048591 performance during a given time horizon utilizing its historical volatility. Please specify 1048591 time horizon, a valid symbol (red box) and a target price (blue box) you would like 1048591 odds to be computed. Check also Trending Equities.
    Horizon     30 Days    Login   to change
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    1048591 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     25.60 30 days 25.60  ABOUT 17.06%
    Based on normal probability distribution, the odds of 1048591 to move above current price in 30 days from now is about 17.06% (This 1048591 probability density function shows the probability of 1048591 Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, 1048591 has beta of 0.0197 . This suggests as returns on market go up, 1048591 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding 1048591 will be expected to be much smaller as well. Additionally 1048591 has an alpha of 0.003 implying that it can potentially generate 0.003% excess return over DOW after adjusting for the inherited market risk (beta).
     1048591 Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.003012
    β
    Beta against DOW=0.0197
    σ
    Overall volatility
    =13.27
    Ir
    Information ratio =0.10

    1048591 Alerts

    1048591 Alerts and Suggestions

    1048591 is not yet fully synchronised with the market data
    1048591 generates negative expected return over the last 30 days
    Check also Trending Equities. Please also try Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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