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 10.96%
    Based on normal probability distribution, the odds of NEU BER to move above current price in 30 days from now is about 10.96% (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 -1.3966 . This suggests as returns on its benchmark rise, returns on holding NEU BER USD A AC are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, NEU BER is expected to outperform its benchmark. Additionally NEU BER USD A AC has an alpha of 0.2561 implying that it can potentially generate 0.2561% excess return over DOW after adjusting for the inherited market risk (beta).
     NEU BER Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.26
    β
    Beta against DOW=1.4
    σ
    Overall volatility
    =6.93
    Ir
    Information ratio =0.05

    NEU BER Alerts

    NEU BER Alerts and Suggestions

    NEU BER USD generates negative expected return over the last 30 days
    Check also Trending Equities. Please also try Commodity Channel Index module to use commodity channel index to analyze current equity momentum.
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