2070270 (Ireland) Probability of Target Price Finishing Over Current Price

    2070270 -- Ireland Fund  

    GBP 15.01  0.04  0.27%

    2070270 probability of target price tool provides mechanism to make assumptions about upside and downside potential of 2070270 performance during a given time horizon utilizing its historical volatility. Please specify 2070270 time horizon, a valid symbol (red box) and a target price (blue box) you would like 2070270 odds to be computed. Check also Trending Equities.
    Horizon     30 Days    Login   to change
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    2070270 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     15.01 30 days 15.01  ABOUT 23.54%
    Based on normal probability distribution, the odds of 2070270 to move above current price in 30 days from now is about 23.54% (This 2070270 probability density function shows the probability of 2070270 Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, 2070270 has beta of 0.0313 . This suggests as returns on market go up, 2070270 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding 2070270 will be expected to be much smaller as well. Additionally 2070270 has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     2070270 Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.02
    β
    Beta against DOW=0.0313
    σ
    Overall volatility
    =7.45
    Ir
    Information ratio =0.97

    2070270 Alerts

    2070270 Alerts and Suggestions

    2070270 generates negative expected return over the last 30 days
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