BNY EUROBD (Ireland) Probability of Target Price Finishing Over

    14107349 -- Ireland Fund  

    EUR 1.28  0.03  2.29%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     1.28 30 days 1.28  ABOUT 17.22%
    Based on normal probability distribution, the odds of BNY EUROBD to move above current price in 30 days from now is about 17.22% (This BNY EUROBD EUR B probability density function shows the probability of BNY EUROBD Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, BNY EUROBD EUR B has beta of -0.1228 . This suggests as returns on benchmark increase, returns on holding BNY EUROBD are expected to decrease at a much smaller rate. During bear market, however, BNY EUROBD EUR B is likely to outperform the market. Additionally BNY EUROBD EUR B has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     BNY EUROBD Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.13
    β
    Beta against DOW=0.12
    σ
    Overall volatility
    =0.67
    Ir
    Information ratio =0.17

    BNY EUROBD Alerts

    BNY EUROBD Alerts and Suggestions
    BNY EUROBD EUR generates negative expected return over the last 30 days
    BNY EUROBD EUR may become a speculative penny stock
    Check also Trending Equities. Please also try Money Managers module to screen money managers from public funds and etfs managed around the world.
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