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

    12915578 -- Ireland Fund  

    HKD 58.14  0.20  0.34%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     58.14 30 days 58.14  ABOUT 18.71%
    Based on normal probability distribution, the odds of BAR ASI to move above current price in 30 days from now is about 18.71% (This BAR ASI DBT HKD A probability density function shows the probability of BAR ASI Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, BAR ASI DBT HKD A has beta of -0.0372 . This suggests as returns on benchmark increase, returns on holding BAR ASI are expected to decrease at a much smaller rate. During bear market, however, BAR ASI DBT HKD A is likely to outperform the market. Additionally BAR ASI DBT HKD A has an alpha of 0.012 implying that it can potentially generate 0.012% excess return over DOW after adjusting for the inherited market risk (beta).
     BAR ASI Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.011976
    β
    Beta against DOW=0.04
    σ
    Overall volatility
    =29.68
    Ir
    Information ratio =0.81

    BAR ASI Alerts

    BAR ASI Alerts and Suggestions

    BAR ASI DBT generates negative expected return over the last 30 days
    Check also Trending Equities. Please also try World Markets Correlation module to find global opportunities by holding instruments from different markets.
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