WEL OP (Ireland) Probability of Target Price Finishing Over

    11437840 -- Ireland Fund  

    CHF 14.29  0.0035  0.0245%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     14.29 30 days 14.29  ABOUT 37.56%
    Based on normal probability distribution, the odds of WEL OP to move above current price in 30 days from now is about 37.56% (This WEL OP EM CHF S AC probability density function shows the probability of WEL OP Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, the fund has beta coefficient of 1.7852 . 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, WEL OP will likely underperform. Additionally WEL OP EM CHF S AC has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     WEL OP Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.08
    β
    Beta against DOW=1.79
    σ
    Overall volatility
    =4.25
    Ir
    Information ratio =0.0088

    WEL OP Alerts

    WEL OP Alerts and Suggestions
    WEL OP EM appears to be very risky and stock price may revert if volatility continues
    Check also Trending Equities. Please also try Money Flow Index module to determine momentum by analyzing money flow index and other technical indicators.