BAR GL (Ireland) Probability of Target Price Finishing Over

    11781148 -- Ireland Fund  

    EUR 1.08  0.05  4.85%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     1.08 30 days 1.08  ABOUT 18.94%
    Based on normal probability distribution, the odds of BAR GL to move above current price in 30 days from now is about 18.94% (This BAR GL HIG EUR Z AC probability density function shows the probability of BAR GL Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, BAR GL has beta of 0.5853 . This suggests as returns on market go up, BAR GL average returns are expected to increase less than the benchmark. However during bear market, the loss on holding BAR GL HIG EUR Z AC will be expected to be much smaller as well. Additionally BAR GL HIG EUR Z AC has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     BAR GL Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.02
    β
    Beta against DOW=0.59
    σ
    Overall volatility
    =0.54
    Ir
    Information ratio =0.02

    BAR GL Alerts

    BAR GL Alerts and Suggestions
    BAR GL HIG generates negative expected return over the last 30 days
    BAR GL HIG has some characteristics of a very speculative penny stock
    Check also Trending Equities. Please also try Balance Of Power module to check stock momentum by analyzing balance of power indicator and other technical ratios.