PUT GL (Ireland) Probability of Target Price Finishing Over Current Price

    1094452 -- Ireland Fund  

    USD 2.59  0.16  6.58%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     2.59 30 days 2.59  ABOUT 13.24%
    Based on normal probability distribution, the odds of PUT GL to move above current price in 30 days from now is about 13.24% (This PUT GL HI YI USD I probability density function shows the probability of PUT GL Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, PUT GL has beta of 0.504 . This suggests as returns on market go up, PUT GL average returns are expected to increase less than the benchmark. However during bear market, the loss on holding PUT GL HI YI USD I will be expected to be much smaller as well. Additionally PUT GL HI YI USD I has an alpha of 0.1498 implying that it can potentially generate 0.1498% excess return over DOW after adjusting for the inherited market risk (beta).
     PUT GL Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.15
    β
    Beta against DOW=0.50
    σ
    Overall volatility
    =1.29
    Ir
    Information ratio =0.07

    PUT GL Alerts

    PUT GL Alerts and Suggestions

    PUT GL HI is not yet fully synchronised with the market data
    PUT GL HI generates negative expected return over the last 30 days
    Check also Trending Equities. Please also try Equity Valuation module to check real value of public entities based on technical and fundamental data.
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