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

    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.
    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 19.55%
    Based on normal probability distribution, the odds of BAR GL to move above current price in 30 days from now is about 19.55% (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 HIG EUR Z AC has beta of -0.4837 . This suggests as returns on benchmark increase, returns on holding BAR GL are expected to decrease at a much smaller rate. During bear market, however, BAR GL HIG EUR Z AC is likely to outperform the market. 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
    =0.05
    β
    Beta against DOW=0.48
    σ
    Overall volatility
    =0.54
    Ir
    Information ratio =0.07

    BAR GL Alerts

    BAR GL Alerts and Suggestions

    BAR GL HIG is not yet fully synchronised with the market data
    BAR GL HIG has some characteristics of a very speculative penny stock
    Check also Trending Equities. Please also try Cryptocurrency Arbitrage module to find pairs of digital assets on multiple exchanges that are traded at a risk free arbitrage.
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