13259930 (Ireland) Probability of Target Price Finishing Over Current Price

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Fund 13259930
    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.
    Horizon     30 Days    Login   to change
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    13259930 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     0.00 30 days 0.00  MORE THAN 93.0%
    Based on normal probability distribution, the odds of 13259930 to move above current price in 30 days from now is more than 93.0% (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 -0.0216 . 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 The company has an alpha of 0.0254 implying that it can potentially generate 0.0254% excess return over DOW after adjusting for the inherited market risk (beta).
     13259930 Price Density 
          Price 
    α
    Alpha over DOW    		=0.025382
    β
    		Beta against DOW=0.02
    σ
    Overall volatility    		=0.49
    Ir
    		Information ratio =0.07

    13259930 Alerts

    13259930 Alerts and Suggestions

    13259930 is not yet fully synchronised with the market data
    13259930 has some characteristics of a very speculative penny stock
    Check also Trending Equities. Please also try Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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