POL EM (Ireland) Probability of Target Price Finishing Over Current Price

    12381464 -- Ireland Fund  

    USD 10.28  0.89  0.09%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     10.28 30 days 10.28  ABOUT 20.86%
    Based on normal probability distribution, the odds of POL EM to move above current price in 30 days from now is about 20.86% (This POL EM MKT USD R AC probability density function shows the probability of POL EM Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, POL EM has beta of 0.8558 . This suggests POL EM MKT USD R AC market returns are sensitive to returns on the market. As the market goes up or down, POL EM is expected to follow. Additionally The company has an alpha of 0.2173 implying that it can potentially generate 0.2173% excess return over DOW after adjusting for the inherited market risk (beta).
     POL EM Price Density 
          Price 
    α
    Alpha over DOW
    =0.22
    β
    Beta against DOW=0.86
    σ
    Overall volatility
    =4.79
    Ir
    Information ratio =0.036873

    POL EM Alerts

    POL EM Alerts and Suggestions

    POL EM MKT is not yet fully synchronised with the market data
    POL EM MKT generates negative expected return over the last 30 days
    Check also Trending Equities. Please also try Money Flow Index module to determine momentum by analyzing money flow index and other technical indicators.
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