1810596 (Ireland) Probability of Target Price Finishing Over Current Price

    1810596 -- Ireland Fund  

    USD 67.06  7.19  9.68%

    1810596 probability of target price tool provides mechanism to make assumptions about upside and downside potential of 1810596 performance during a given time horizon utilizing its historical volatility. Please specify 1810596 time horizon, a valid symbol (red box) and a target price (blue box) you would like 1810596 odds to be computed. Check also Trending Equities.
    Horizon     30 Days    Login   to change
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    1810596 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     67.06 30 days 67.06  ABOUT 23.91%
    Based on normal probability distribution, the odds of 1810596 to move above current price in 30 days from now is about 23.91% (This 1810596 probability density function shows the probability of 1810596 Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, the fund has beta coefficient of 2.3734 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are expected to be negative, 1810596 will likely underperform. Additionally 1810596 has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     1810596 Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.16
    β
    Beta against DOW=2.37
    σ
    Overall volatility
    =35.96
    Ir
    Information ratio =0.009445

    1810596 Alerts

    1810596 Alerts and Suggestions

    1810596 generates negative expected return over the last 30 days
    Check also Trending Equities. Please also try Crypto Portfolio Optimizer module to optimize portfolio of digital coins and token across multiple currency and exchanges.
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