20590166 (Ireland) Probability of Target Price Finishing Over Current Price

    20590166 -- Ireland Fund  

    EUR 11.65  0.31  2.73%

    20590166 probability of target price tool provides mechanism to make assumptions about upside and downside potential of 20590166 performance during a given time horizon utilizing its historical volatility. Please specify 20590166 time horizon, a valid symbol (red box) and a target price (blue box) you would like 20590166 odds to be computed. Check also Trending Equities.
    Horizon     30 Days    Login   to change
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    20590166 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     11.65 30 days 11.65  ABOUT 23.44%
    Based on normal probability distribution, the odds of 20590166 to move above current price in 30 days from now is about 23.44% (This 20590166 probability density function shows the probability of 20590166 Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, 20590166 has beta of 0.6502 . This suggests as returns on market go up, 20590166 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding 20590166 will be expected to be much smaller as well. Additionally The company has an alpha of 0.0963 implying that it can potentially generate 0.0963% excess return over DOW after adjusting for the inherited market risk (beta).
     20590166 Price Density 
          Price 
    α
    Alpha over DOW
    =0.1
    β
    Beta against DOW=0.65
    σ
    Overall volatility
    =5.50
    Ir
    Information ratio =0.05

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