2327583 (Ireland) Probability of Target Price Finishing Over Current Price

    2327583 -- Ireland Fund  

    USD 16.42  4.44  37.06%

    2327583 probability of target price tool provides mechanism to make assumptions about upside and downside potential of 2327583 performance during a given time horizon utilizing its historical volatility. Please specify 2327583 time horizon, a valid symbol (red box) and a target price (blue box) you would like 2327583 odds to be computed. Check also Trending Equities.
    Horizon     30 Days    Login   to change
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    2327583 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     16.42 30 days 16.42  ABOUT 29.46%
    Based on normal probability distribution, the odds of 2327583 to move above current price in 30 days from now is about 29.46% (This 2327583 probability density function shows the probability of 2327583 Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, 2327583 has beta of -0.3066 . This suggests as returns on benchmark increase, returns on holding 2327583 are expected to decrease at a much smaller rate. During bear market, however, 2327583 is likely to outperform the market. In addition to that The company has an alpha of 5.8973 implying that it can potentially generate 5.8973% excess return over DOW after adjusting for the inherited market risk (beta).
     2327583 Price Density 
    Alpha over DOW
    Beta against DOW=0.31
    Overall volatility
    Information ratio =0.27

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