BNY EUROBD (Ireland) Probability of Target Price Finishing Over Current Price

    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.
    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 23.73%
    Based on normal probability distribution, the odds of BNY EUROBD to move above current price in 30 days from now is about 23.73% (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 -0.1457 . 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 
          Price 
    α
    Alpha over DOW
    =0.12
    β
    Beta against DOW=0.15
    σ
    Overall volatility
    =0.64
    Ir
    Information ratio =0.02

    BNY EUROBD Alerts

    BNY EUROBD Alerts and Suggestions

    BNY EUROBD EUR is not yet fully synchronised with the market data
    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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
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