24478280 (Ireland) Probability of Target Price Finishing Over

    24478280 -- Ireland Fund  

    USD 9.95  0.17  1.68%

    24478280 probability of target price tool provides mechanism to make assumptions about upside and downside potential of 24478280 performance during a given time horizon utilizing its historical volatility. Please specify 24478280 time horizon, a valid symbol (red box) and a target price (blue box) you would like 24478280 odds to be computed. Check also Trending Equities.
     Time Horizon     30 Days    Login   to change
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    24478280 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     9.95 30 days 9.95  ABOUT 14.6%
    Based on normal probability distribution, the odds of 24478280 to move above current price in 30 days from now is about 14.6% (This 24478280 probability density function shows the probability of 24478280 Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, 24478280 has beta of 0.0831 . This suggests as returns on market go up, 24478280 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding 24478280 will be expected to be much smaller as well. Additionally 24478280 has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     24478280 Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.01
    β
    Beta against DOW=0.08
    σ
    Overall volatility
    =5.11
    Ir
    Information ratio =0.12

    Current Sentiment - 24478280

    24478280 Investor Sentiment
    Macroaxis portfolio users are unresponsive in their sentiment towards investing in 24478280. What is your sentiment towards investing in 24478280? Are you bullish or bearish?
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    Check also Trending Equities. Please also try Price Ceiling Movement module to calculate and plot price ceiling movement for different equity instruments.