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 18.73%
    Based on normal probability distribution, the odds of BAR ASI to move above current price in 30 days from now is about 18.73% (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 -0.0406 . 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 a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     BAR ASI Price Density 
          Price 
    α
    Alpha over DOW
    =0.0032
    β
    Beta against DOW=0.04
    σ
    Overall volatility
    =29.69
    Ir
    Information ratio =0.82

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    BAR ASI DBT is not yet fully synchronised with the market data
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