13063020 (Ireland) Probability of Target Price Finishing Over Current Price

    13063020 -- Ireland Fund  

    USD 10.11  0.00  0.00%

    13063020 probability of target price tool provides mechanism to make assumptions about upside and downside potential of 13063020 performance during a given time horizon utilizing its historical volatility. Please specify 13063020 time horizon, a valid symbol (red box) and a target price (blue box) you would like 13063020 odds to be computed. Check also Trending Equities.
    Horizon     30 Days    Login   to change
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    13063020 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     10.11 30 days 10.11  ABOUT 10.47%
    Based on normal probability distribution, the odds of 13063020 to move above current price in 30 days from now is about 10.47% (This 13063020 probability density function shows the probability of 13063020 Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, 13063020 has beta of 0.0472 . This suggests as returns on market go up, 13063020 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding 13063020 will be expected to be much smaller as well. Additionally 13063020 has an alpha of 0.2272 implying that it can potentially generate 0.2272% excess return over DOW after adjusting for the inherited market risk (beta).
     13063020 Price Density 
          Price 
    α
    Alpha over DOW
    =0.23
    β
    Beta against DOW=0.0472
    σ
    Overall volatility
    =0.22
    Ir
    Information ratio =0.36

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