12231072 (Ireland) Probability of Target Price Finishing Over Current Price

    12231072 -- Ireland Fund  

    GBP 60.83  6.21  11.37%

    12231072 probability of target price tool provides mechanism to make assumptions about upside and downside potential of 12231072 performance during a given time horizon utilizing its historical volatility. Please specify 12231072 time horizon, a valid symbol (red box) and a target price (blue box) you would like 12231072 odds to be computed. Check also Trending Equities.
    Horizon     30 Days    Login   to change
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    12231072 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     60.83 30 days 60.83  ABOUT 24.66%
    Based on normal probability distribution, the odds of 12231072 to move above current price in 30 days from now is about 24.66% (This 12231072 probability density function shows the probability of 12231072 Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, 12231072 has beta of -0.1784 . This suggests as returns on benchmark increase, returns on holding 12231072 are expected to decrease at a much smaller rate. During bear market, however, 12231072 is likely to outperform the market. Additionally 12231072 has an alpha of 0.9475 implying that it can potentially generate 0.9475% excess return over DOW after adjusting for the inherited market risk (beta).
     12231072 Price Density 
          Price 
    α
    Alpha over DOW
    =0.95
    β
    Beta against DOW=0.18
    σ
    Overall volatility
    =26.69
    Ir
    Information ratio =0.15

    12231072 Alerts

    12231072 Alerts and Suggestions

    12231072 is not yet fully synchronised with the market data
    12231072 generates negative expected return over the last 30 days
    Check also Trending Equities. Please also try Portfolio Manager module to state of the art portfolio manager to monitor and improve performance of your invested capital.
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