ABS CCY (Ireland) Probability of Target Price Finishing Over Current Price

    10928154 -- Ireland Fund  

    EUR 1.06  0.002  0.19%

    ABS CCY probability of target price tool provides mechanism to make assumptions about upside and downside potential of ABS CCY B3PEURAC performance during a given time horizon utilizing its historical volatility. Please specify ABS CCY time horizon, a valid symbol (red box) and a target price (blue box) you would like ABS CCY odds to be computed. Check also Trending Equities.
    Horizon     30 Days    Login   to change
    Symbol:
    Refresh Odds

    ABS CCY Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     1.06 30 days 1.06  NEAR 1%
    Based on normal probability distribution, the odds of ABS CCY to move above current price in 30 days from now is near 1% (This ABS CCY B3PEURAC probability density function shows the probability of ABS CCY Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, ABS CCY has beta of 0.0 . This suggests unless we do not have required data, the returns on DOW and ABS CCY are completely uncorrelated. Additionally ABS CCY B3PEURACIt does not look like ABS CCY alpha can have any bearing on the equity current valuation.
     ABS CCY Price Density 
          Price 
    α
    Alpha over DOW
    =0.00
    β
    Beta against DOW=0.00
    σ
    Overall volatility
    =0.16
    Ir
    Information ratio =0.00

    ABS CCY Alerts

    ABS CCY Alerts and Suggestions

    ABS CCY B3PEURAC is not yet fully synchronised with the market data
    ABS CCY B3PEURAC generates negative expected return over the last 30 days
    ABS CCY B3PEURAC has some characteristics of a very speculative penny stock
    Check also Trending Equities. Please also try Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
    Search macroaxis.com