14030003 (Ireland) Probability of Target Price Finishing Over Current Price

    14030003 -- Ireland Fund  

    EUR 1.79  0.01  0.56%

    14030003 probability of target price tool provides mechanism to make assumptions about upside and downside potential of 14030003 performance during a given time horizon utilizing its historical volatility. Please specify 14030003 time horizon, a valid symbol (red box) and a target price (blue box) you would like 14030003 odds to be computed. Check also Trending Equities.
    Horizon     30 Days    Login   to change
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    14030003 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     1.79 30 days 1.79  ABOUT 29.25%
    Based on normal probability distribution, the odds of 14030003 to move above current price in 30 days from now is about 29.25% (This 14030003 probability density function shows the probability of 14030003 Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, 14030003 has beta of -0.0518 . This suggests as returns on benchmark increase, returns on holding 14030003 are expected to decrease at a much smaller rate. During bear market, however, 14030003 is likely to outperform the market. Additionally 14030003 has an alpha of 0.0521 implying that it can potentially generate 0.0521% excess return over DOW after adjusting for the inherited market risk (beta).
     14030003 Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.05
    β
    Beta against DOW=0.05
    σ
    Overall volatility
    =0.83
    Ir
    Information ratio =0.50

    14030003 Alerts

    14030003 Alerts and Suggestions

    14030003 is not yet fully synchronised with the market data
    14030003 may become a speculative penny stock
    Check also Trending Equities. Please also try Financial Widgets module to easily integrated macroaxis content with over 30 different plug-and-play financial widgets.
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