NB EM (Ireland) Probability of Target Price Finishing Over Current Price

    24993596 -- Ireland Fund  

    USD 7.68  0.63  7.58%

    NB EM probability of target price tool provides mechanism to make assumptions about upside and downside potential of NB EM LOC USD I2 AC performance during a given time horizon utilizing its historical volatility. Please specify NB EM time horizon, a valid symbol (red box) and a target price (blue box) you would like NB EM odds to be computed. Check also Trending Equities.
    Horizon     30 Days    Login   to change
    Symbol:
    Refresh Odds

    NB EM Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     7.68 30 days 7.68  ABOUT 8.23%
    Based on normal probability distribution, the odds of NB EM to move above current price in 30 days from now is about 8.23% (This NB EM LOC USD I2 AC probability density function shows the probability of NB EM Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, NB EM has beta of 0.0364 . This suggests as returns on market go up, NB EM average returns are expected to increase less than the benchmark. However during bear market, the loss on holding NB EM LOC USD I2 AC will be expected to be much smaller as well. Additionally NB EM LOC USD I2 AC has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     NB EM Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.67
    β
    Beta against DOW=0.0364
    σ
    Overall volatility
    =3.87
    Ir
    Information ratio =0.28

    NB EM Alerts

    NB EM Alerts and Suggestions

    NB EM LOC is not yet fully synchronised with the market data
    NB EM LOC generates negative expected return over the last 30 days
    Check also Trending Equities. Please also try Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
    Search macroaxis.com