1810596 (Ireland) Probability of Target Price Finishing Over

    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.
     Time 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 27.23%
    Based on normal probability distribution, the odds of 1810596 to move above current price in 30 days from now is about 27.23% (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, 1810596 has beta of -0.7496 . This suggests as returns on benchmark increase, returns on holding 1810596 are expected to decrease at a much smaller rate. During bear market, however, 1810596 is likely to outperform the market. Additionally 1810596 has an alpha of 0.3469 implying that it can potentially generate 0.3469% excess return over DOW after adjusting for the inherited market risk (beta).
     1810596 Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.35
    β
    Beta against DOW=0.75
    σ
    Overall volatility
    =37.06
    Ir
    Information ratio =0.015517

    1810596 Alerts

    1810596 Alerts and Suggestions
    1810596 generates negative expected return over the last 30 days
    Check also Trending Equities. Please also try Piotroski F Score module to get piotroski f score based on binary analysis strategy of nine different fundamentals.