NEU BER (Ireland) Probability of Target Price Finishing Over Current Price

    13296401 -- Ireland Fund  

    USD 14.15  0.69  5.13%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     14.15 30 days 14.15  ABOUT 21.82%
    Based on normal probability distribution, the odds of NEU BER to move above current price in 30 days from now is about 21.82% (This NEU BER USD A AC probability density function shows the probability of NEU BER Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, NEU BER USD A AC has beta of -0.0451 . This suggests as returns on benchmark increase, returns on holding NEU BER are expected to decrease at a much smaller rate. During bear market, however, NEU BER USD A AC is likely to outperform the market. Additionally The company has an alpha of 0.2028 implying that it can potentially generate 0.2028% excess return over DOW after adjusting for the inherited market risk (beta).
     NEU BER Price Density 
          Price 
    α
    Alpha over DOW
    =0.20
    β
    Beta against DOW=0.05
    σ
    Overall volatility
    =6.70
    Ir
    Information ratio =0.035741

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    NEU BER USD is not yet fully synchronised with the market data
    Check also Trending Equities. Please also try Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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