24583770 (Ireland) Probability of Target Price Finishing Over Current Price

    24583770 -- Ireland ETF  

    USD 97.07  10.69  9.92%

    24583770 probability of target price tool provides mechanism to make assumptions about upside and downside potential of 24583770 performance during a given time horizon utilizing its historical volatility. Please specify 24583770 time horizon, a valid symbol (red box) and a target price (blue box) you would like 24583770 odds to be computed. Check also Trending Equities.
    Horizon     30 Days    Login   to change
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    24583770 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     97.07 30 days 97.07  ABOUT 26.43%
    Based on normal probability distribution, the odds of 24583770 to move above current price in 30 days from now is about 26.43% (This 24583770 probability density function shows the probability of 24583770 ETF to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, 24583770 has beta of -1.6943 . This suggests as returns on its benchmark rise, returns on holding 24583770 are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, 24583770 is expected to outperform its benchmark. Additionally 24583770 has an alpha of 0.0142 implying that it can potentially generate 0.0142% excess return over DOW after adjusting for the inherited market risk (beta).
     24583770 Price Density 
          Price 
    α
    Alpha over DOW
    =0.01424
    β
    Beta against DOW=1.69
    σ
    Overall volatility
    =50.61
    Ir
    Information ratio =0.06

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