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
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    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 28.05%
    Based on normal probability distribution, the odds of NB EM to move above current price in 30 days from now is about 28.05% (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 LOC USD I2 AC has beta of -0.2681 . This suggests as returns on benchmark increase, returns on holding NB EM are expected to decrease at a much smaller rate. During bear market, however, NB EM LOC USD I2 AC is likely to outperform the market. Additionally NB EM LOC USD I2 AC has an alpha of 0.0805 implying that it can potentially generate 0.0805% excess return over DOW after adjusting for the inherited market risk (beta).
     NB EM Price Density 
          Price 
    α
    Alpha over DOW
    =0.08
    β
    Beta against DOW=0.27
    σ
    Overall volatility
    =3.94
    Ir
    Information ratio =0.06

    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

    Price Density Drivers

    NB EM Health Indicators

    Check also Trending Equities. Please also try Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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