14074716 (Ireland) Probability of Target Price Finishing Over Current Price

    14074716 -- Ireland Fund  

    USD 16.63  0.75  4.32%

    14074716 probability of target price tool provides mechanism to make assumptions about upside and downside potential of 14074716 performance during a given time horizon utilizing its historical volatility. Please specify 14074716 time horizon, a valid symbol (red box) and a target price (blue box) you would like 14074716 odds to be computed. Check also Trending Equities.
    Horizon     30 Days    Login   to change
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    14074716 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     16.63 30 days 16.63  ABOUT 26.55%
    Based on normal probability distribution, the odds of 14074716 to move above current price in 30 days from now is about 26.55% (This 14074716 probability density function shows the probability of 14074716 Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, 14074716 has beta of -0.049 . This suggests as returns on benchmark increase, returns on holding 14074716 are expected to decrease at a much smaller rate. During bear market, however, 14074716 is likely to outperform the market. Additionally 14074716 has an alpha of 0.0305 implying that it can potentially generate 0.0305% excess return over DOW after adjusting for the inherited market risk (beta).
     14074716 Price Density 
          Price 
    α
    Alpha over DOW
    =0.030527
    β
    Beta against DOW=0.05
    σ
    Overall volatility
    =8.10
    Ir
    Information ratio =0.06

    14074716 Alerts

    14074716 Alerts and Suggestions

    14074716 is not yet fully synchronised with the market data
    14074716 generates negative expected return over the last 30 days
    Check also Trending Equities. Please also try Price Transformation module to use price transformation models to analyze depth of different equity instruments across global markets.
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