PUT GL (Ireland) Probability of Target Price Finishing Over

    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.
     Time Horizon     30 Days    Login   to change
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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 15.24%
    Based on normal probability distribution, the odds of PUT GL to move above current price in 30 days from now is about 15.24% (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, the fund has beta coefficient of 1.2094 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are expected to be negative, PUT GL will likely underperform. Additionally PUT GL HI YI USD I has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     PUT GL Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.23
    β
    Beta against DOW=1.21
    σ
    Overall volatility
    =1.29
    Ir
    Information ratio =0.1

    Current Sentiment - 1094452

    PUT GL HI Investor Sentiment
    Macroaxis portfolio users are unresponsive in their sentiment towards investing in PUT GL HI YI USD I. What is your perspective on investing in PUT GL HI YI USD I? Are you bullish or bearish?
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    Check also Trending Equities. Please also try Volatility Analysis module to get historical volatility and risk analysis based on latest market data.