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 22.11%
    Based on normal probability distribution, the odds of 13956871 to move above current price in 30 days from now is about 22.11% (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 0.3614 . 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 a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     13956871 Price Density 
    Current Price   Target Price   
    Alpha over DOW
    Beta against DOW=0.36
    Overall volatility
    Information ratio =0.05

    13956871 Alerts

    13956871 Alerts and Suggestions

    13956871 generates negative expected return over the last 30 days
    Check also Trending Equities. Please also try Theme Ratings module to determine theme ratings based on digital equity recommendations. macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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