BRW US (Ireland) Probability of Target Price Finishing Over Current Price

    23564676 -- Ireland Fund  

    USD 9.44  0.82  7.99%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     9.44 30 days 9.44  ABOUT 22.32%
    Based on normal probability distribution, the odds of BRW US to move above current price in 30 days from now is about 22.32% (This BRW US SML USD A AC probability density function shows the probability of BRW US Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, BRW US SML USD A AC has beta of -0.5186 . This suggests as returns on benchmark increase, returns on holding BRW US are expected to decrease at a much smaller rate. During bear market, however, BRW US SML USD A AC is likely to outperform the market. Additionally BRW US SML USD A AC has an alpha of 0.2084 implying that it can potentially generate 0.2084% excess return over DOW after adjusting for the inherited market risk (beta).
     BRW US Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.21
    β
    Beta against DOW=0.52
    σ
    Overall volatility
    =5.00
    Ir
    Information ratio =0.0083

    BRW US Alerts

    BRW US Alerts and Suggestions

    BRW US SML generates negative expected return over the last 30 days
    Check also Trending Equities. Please also try Chance of Distress module to get analysis of equity chance of financial distress in the next 2 years.
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