BAB SR (Ireland) Probability of Target Price Finishing Over

    13087739 -- Ireland Fund  

    GBP 103.15  1.70  1.68%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     103.15 30 days 103.15  NEAR 1%
    Based on normal probability distribution, the odds of BAB SR to move above current price in 30 days from now is near 1% (This BAB SR SEC GBP TRA probability density function shows the probability of BAB SR Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, BAB SR SEC GBP TRA has beta of -0.139 . This suggests as returns on benchmark increase, returns on holding BAB SR are expected to decrease at a much smaller rate. During bear market, however, BAB SR SEC GBP TRA is likely to outperform the market. Additionally BAB SR SEC GBP TRA has an alpha of 0.0809 implying that it can potentially generate 0.0809% excess return over DOW after adjusting for the inherited market risk (beta).
     BAB SR Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.08
    β
    Beta against DOW=0.14
    σ
    Overall volatility
    =36.03
    Ir
    Information ratio =0.11

    BAB SR Alerts

    BAB SR Alerts and Suggestions
    BAB SR SEC generates negative expected return over the last 30 days
    Check also Trending Equities. Please also try Chance of Distress module to get analysis of equity chance of financial distress in the next 2 years.