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 43.11%
    Based on normal probability distribution, the odds of WEL OP to move above current price in 30 days from now is about 43.11% (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 EM CHF S AC has beta of -0.9966 . This suggests Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. WEL OP EM is significantly underperforming DOW.
     WEL OP Price Density 
          Price 
    α
    Alpha over DOW
    =0.3
    β
    Beta against DOW=1
    σ
    Overall volatility
    =4.11
    Ir
    Information ratio =0.07

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