13259930 (Ireland) Probability of Target Price Finishing Over

    13259930 -- Ireland Fund  

    EUR 1.06  0.01  0.95%

    13259930 probability of target price tool provides mechanism to make assumptions about upside and downside potential of 13259930 performance during a given time horizon utilizing its historical volatility. Please specify 13259930 time horizon, a valid symbol (red box) and a target price (blue box) you would like 13259930 odds to be computed. Check also Trending Equities.
     Time Horizon     30 Days    Login   to change
    Refresh Odds

    13259930 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     1.06 30 days 1.06  ABOUT 21.66%
    Based on normal probability distribution, the odds of 13259930 to move above current price in 30 days from now is about 21.66% (This 13259930 probability density function shows the probability of 13259930 Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, 13259930 has beta of -0.0473 . This suggests as returns on benchmark increase, returns on holding 13259930 are expected to decrease at a much smaller rate. During bear market, however, 13259930 is likely to outperform the market. Additionally 13259930 has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     13259930 Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.0024
    β
    Beta against DOW=0.05
    σ
    Overall volatility
    =0.54
    Ir
    Information ratio =0.21

    13259930 Alerts

    13259930 Alerts and Suggestions
    13259930 has some characteristics of a very speculative penny stock
    Check also Trending Equities. Please also try Transaction History module to view history of all your transactions and understand their impact on performance.