24478280 (Ireland) Probability of Target Price Finishing Over Current Price

    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.
    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 12.4%
    Based on normal probability distribution, the odds of 24478280 to move above current price in 30 days from now is about 12.4% (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 -0.0459 . This suggests as returns on benchmark increase, returns on holding 24478280 are expected to decrease at a much smaller rate. During bear market, however, 24478280 is likely to outperform the market. 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=0.05
    σ
    Overall volatility
    =5.06
    Ir
    Information ratio =0.18

    24478280 Alerts

    24478280 Alerts and Suggestions

    24478280 is not yet fully synchronised with the market data
    24478280 generates negative expected return over the last 30 days
    Check also Trending Equities. Please also try Pair Correlation module to compare performance and examine historical correlation between any two equity instruments.
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