BAR GL (Ireland) Probability of Target Price Finishing Over Current Price

    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.
    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
     0.00 30 days 0.00  ABOUT 89.86%
    Based on normal probability distribution, the odds of BAR GL to move above current price in 30 days from now is about 89.86% (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 0.0712 . 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 an alpha of 0.3058 implying that it can potentially generate 0.3058% excess return over DOW after adjusting for the inherited market risk (beta).
     BAR GL Price Density 
          Price 
    α
    Alpha over DOW
    =0.31
    β
    Beta against DOW=0.07
    σ
    Overall volatility
    =0.52
    Ir
    Information ratio =0.14

    BAR GL Alerts

    BAR GL Alerts and Suggestions

    BAR GL HIG is not yet fully synchronised with the market data
    BAR GL HIG generates negative expected return over the last 30 days
    BAR GL HIG has some characteristics of a very speculative penny stock

    Price Density Drivers

    BAR GL Health Indicators

    Check also Trending Equities. Please also try Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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