19808801 (Ireland) Probability of Target Price Finishing Over Current Price

    19808801 -- Ireland Fund  

    EUR 11.49  0.43  3.89%

    19808801 probability of target price tool provides mechanism to make assumptions about upside and downside potential of 19808801 performance during a given time horizon utilizing its historical volatility. Please specify 19808801 time horizon, a valid symbol (red box) and a target price (blue box) you would like 19808801 odds to be computed. Check also Trending Equities.
    Horizon     30 Days    Login   to change
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    19808801 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     11.49 30 days 11.49  ABOUT 25.27%
    Based on normal probability distribution, the odds of 19808801 to move above current price in 30 days from now is about 25.27% (This 19808801 probability density function shows the probability of 19808801 Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, 19808801 has beta of -0.6809 . This suggests as returns on benchmark increase, returns on holding 19808801 are expected to decrease at a much smaller rate. During bear market, however, 19808801 is likely to outperform the market. Additionally 19808801 has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     19808801 Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.08
    β
    Beta against DOW=0.68
    σ
    Overall volatility
    =5.43
    Ir
    Information ratio =0.07

    19808801 Alerts

    19808801 Alerts and Suggestions

    19808801 is not yet fully synchronised with the market data
    19808801 generates negative expected return over the last 30 days
    Check also Trending Equities. Please also try Money Managers module to screen money managers from public funds and etfs managed around the world.
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