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 0.0135 . This suggests as returns on market go up, 14030003 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding 14030003 will be expected to be much smaller as well. Additionally 14030003 has an alpha of 0.0632 implying that it can potentially generate 0.0632% excess return over DOW after adjusting for the inherited market risk (beta).
     14030003 Price Density 
          Price 
    α
    Alpha over DOW
    =0.06
    β
    Beta against DOW=0.0135
    σ
    Overall volatility
    =0.83
    Ir
    Information ratio =0.48

    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 Pattern Recognition module to use different pattern recognition models to time the market across multiple global exchanges.
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