1793043 (Ireland) Probability of Target Price Finishing Over Current Price

    1793043 -- Ireland Fund  

    EUR 130.58  10.96  9.16%

    1793043 probability of target price tool provides mechanism to make assumptions about upside and downside potential of 1793043 performance during a given time horizon utilizing its historical volatility. Please specify 1793043 time horizon, a valid symbol (red box) and a target price (blue box) you would like 1793043 odds to be computed. Check also Trending Equities.
    Horizon     30 Days    Login   to change
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    1793043 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     130.58 30 days 130.58  ABOUT 12.42%
    Based on normal probability distribution, the odds of 1793043 to move above current price in 30 days from now is about 12.42% (This 1793043 probability density function shows the probability of 1793043 Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, 1793043 has beta of 0.5756 . This suggests as returns on market go up, 1793043 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding 1793043 will be expected to be much smaller as well. Additionally 1793043 has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     1793043 Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.29
    β
    Beta against DOW=0.58
    σ
    Overall volatility
    =63.87
    Ir
    Information ratio =0.06

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    1793043 is not yet fully synchronised with the market data
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