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
    Refresh Odds

    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 28.98%
    Based on normal probability distribution, the odds of 24583770 to move above current price in 30 days from now is about 28.98% (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 -0.3225 . This suggests as returns on benchmark increase, returns on holding 24583770 are expected to decrease at a much smaller rate. During bear market, however, 24583770 is likely to outperform the market. Additionally The company has an alpha of 0.2752 implying that it can potentially generate 0.2752% excess return over DOW after adjusting for the inherited market risk (beta).
     24583770 Price Density 
    Alpha over DOW
    Beta against DOW=0.32
    Overall volatility
    Information ratio =0.024426

    24583770 Alerts

    24583770 Alerts and Suggestions

    24583770 is not yet fully synchronised with the market data
    Check also Trending Equities. Please also try Commodity Channel Index module to use commodity channel index to analyze current equity momentum.
    Search macroaxis.com