POL GLB (Ireland) Probability of Target Price Finishing Over Current Price

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     0.00 30 days 0.00  ABOUT 86.76%
    Based on normal probability distribution, the odds of POL GLB to move above current price in 30 days from now is about 86.76% (This POL GLB ALPH EUR R probability density function shows the probability of POL GLB Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, POL GLB has beta of 0.0942 . This suggests as returns on market go up, POL GLB average returns are expected to increase less than the benchmark. However during bear market, the loss on holding POL GLB ALPH EUR R will be expected to be much smaller as well. Additionally POL GLB ALPH EUR R has an alpha of 0.0732 implying that it can potentially generate 0.0732% excess return over DOW after adjusting for the inherited market risk (beta).
     POL GLB Price Density 
          Price 
    α
    Alpha over DOW
    =0.07
    β
    Beta against DOW=0.09
    σ
    Overall volatility
    =5.88
    Ir
    Information ratio =0.06

    POL GLB Alerts

    POL GLB Alerts and Suggestions

    POL GLB ALPH is not yet fully synchronised with the market data
    POL GLB ALPH has some characteristics of a very speculative penny stock
    Check also Trending Equities. Please also try Price Ceiling Movement module to calculate and plot price ceiling movement for different equity instruments.
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