24464708 (Ireland) Probability of Target Price Finishing Over Current Price

    24464708 -- Ireland ETF  

    USD 24.76  2.37  8.74%

    24464708 probability of target price tool provides mechanism to make assumptions about upside and downside potential of 24464708 performance during a given time horizon utilizing its historical volatility. Please specify 24464708 time horizon, a valid symbol (red box) and a target price (blue box) you would like 24464708 odds to be computed. Check also Trending Equities.
    Horizon     30 Days    Login   to change
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    24464708 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     24.76 30 days 24.76  ABOUT 28.01%
    Based on normal probability distribution, the odds of 24464708 to move above current price in 30 days from now is about 28.01% (This 24464708 probability density function shows the probability of 24464708 ETF to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, 24464708 has beta of -0.4365 . This suggests as returns on benchmark increase, returns on holding 24464708 are expected to decrease at a much smaller rate. During bear market, however, 24464708 is likely to outperform the market. Additionally 24464708 has an alpha of 0.1558 implying that it can potentially generate 0.1558% excess return over DOW after adjusting for the inherited market risk (beta).
     24464708 Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.16
    β
    Beta against DOW=0.44
    σ
    Overall volatility
    =12.81
    Ir
    Information ratio =0.044064

    24464708 Alerts

    24464708 Alerts and Suggestions

    24464708 is not yet fully synchronised with the market data
    24464708 generates negative expected return over the last 30 days
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