TRD FC (Ireland) Probability of Target Price Finishing Over Current Price

    1587046 -- Ireland Fund  

    EUR 39.91  2.10  5.55%

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

    TRD FC Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     39.91 30 days 39.91  ABOUT 11.7%
    Based on normal probability distribution, the odds of TRD FC to move above current price in 30 days from now is about 11.7% (This TRD FC EM EUR A probability density function shows the probability of TRD FC Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, TRD FC EM EUR A has beta of -0.1442 . This suggests as returns on benchmark increase, returns on holding TRD FC are expected to decrease at a much smaller rate. During bear market, however, TRD FC EM EUR A is likely to outperform the market. Additionally TRD FC EM EUR A has an alpha of 0.0104 implying that it can potentially generate 0.0104% excess return over DOW after adjusting for the inherited market risk (beta).
     TRD FC Price Density 
          Price 
    α
    Alpha over DOW
    =0.010419
    β
    Beta against DOW=0.14
    σ
    Overall volatility
    =19.46
    Ir
    Information ratio =0.07

    TRD FC Alerts

    TRD FC Alerts and Suggestions

    TRD FC EM is not yet fully synchronised with the market data
    Check also Trending Equities. Please also try Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
    Search macroaxis.com