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
    Refresh Odds

    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   
    Alpha over DOW
    Beta against DOW=0.44
    Overall volatility
    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
    Check also Trending Equities. Please also try My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
    Search macroaxis.com