HERMES RES (Ireland) Probability of Target Price Finishing Over Current Price

    12860191 -- Ireland Fund  

    USD 93.37  1.15  1.22%

    HERMES RES probability of target price tool provides mechanism to make assumptions about upside and downside potential of HERMES RES I3DUSD performance during a given time horizon utilizing its historical volatility. Please specify HERMES RES time horizon, a valid symbol (red box) and a target price (blue box) you would like HERMES RES odds to be computed. Check also Trending Equities.
    Horizon     30 Days    Login   to change
    Symbol:
    Refresh Odds

    HERMES RES Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     93.37 30 days 93.37  ABOUT 7.85%
    Based on normal probability distribution, the odds of HERMES RES to move above current price in 30 days from now is about 7.85% (This HERMES RES I3DUSD probability density function shows the probability of HERMES RES Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, HERMES RES I3DUSD has beta of -0.1102 . This suggests as returns on benchmark increase, returns on holding HERMES RES are expected to decrease at a much smaller rate. During bear market, however, HERMES RES I3DUSD is likely to outperform the market. Additionally HERMES RES I3DUSD has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     HERMES RES Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.03
    β
    Beta against DOW=0.11
    σ
    Overall volatility
    =44.83
    Ir
    Information ratio =0.31

    HERMES RES Alerts

    HERMES RES Alerts and Suggestions

    HERMES RES I3DUSD is not yet fully synchronised with the market data
    Check also Trending Equities. Please also try Price Transformation module to use price transformation models to analyze depth of different equity instruments across global markets.
    Search macroaxis.com