WEL OP (Ireland) Probability of Target Price Finishing Over Current Price

    11437840 -- Ireland Fund  

    CHF 13.33  0.42  3.25%

    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.
    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
     13.33 30 days 13.33  ABOUT 46.8%
    Based on normal probability distribution, the odds of WEL OP to move above current price in 30 days from now is about 46.8% (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, WEL OP has beta of 0.3216 . This suggests as returns on market go up, WEL OP average returns are expected to increase less than the benchmark. However during bear market, the loss on holding WEL OP EM CHF S AC will be expected to be much smaller as well. 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 
          Price 
    α
    Alpha over DOW
    =0.11
    β
    Beta against DOW=0.32
    σ
    Overall volatility
    =3.97
    Ir
    Information ratio =0.00103

    WEL OP Alerts

    WEL OP Alerts and Suggestions

    WEL OP EM is not yet fully synchronised with the market data
    WEL OP EM generates negative expected return over the last 30 days

    Price Density Drivers

    WEL OP Health Indicators

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