13956871 (Ireland) Probability of Target Price Finishing Over Current Price

    13956871 -- Ireland Fund  

    SEK 114.05  4.73  4.33%

    13956871 probability of target price tool provides mechanism to make assumptions about upside and downside potential of 13956871 performance during a given time horizon utilizing its historical volatility. Please specify 13956871 time horizon, a valid symbol (red box) and a target price (blue box) you would like 13956871 odds to be computed. Check also Trending Equities.
    Horizon     30 Days    Login   to change
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    13956871 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     114.05 30 days 114.05  ABOUT 24.85%
    Based on normal probability distribution, the odds of 13956871 to move above current price in 30 days from now is about 24.85% (This 13956871 probability density function shows the probability of 13956871 Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, 13956871 has beta of 0.008 . This suggests as returns on market go up, 13956871 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding 13956871 will be expected to be much smaller as well. Additionally 13956871 has an alpha of 0.3642 implying that it can potentially generate 0.3642% excess return over DOW after adjusting for the inherited market risk (beta).
     13956871 Price Density 
          Price 
    α
    Alpha over DOW
    =0.36
    β
    Beta against DOW=0.008
    σ
    Overall volatility
    =53.82
    Ir
    Information ratio =0.11

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    13956871 is not yet fully synchronised with the market data
    Check also Trending Equities. Please also try Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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