NB EM (Ireland) Probability of Target Price Finishing Over

    24993596 -- Ireland Fund  

    USD 8.61  0.00  0.00%

    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.
     Time 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
     8.61 30 days 8.61  ABOUT 11.45%
    Based on normal probability distribution, the odds of NB EM to move above current price in 30 days from now is about 11.45% (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, the fund has beta coefficient of 1.2868 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are expected to be negative, NB EM will likely underperform. 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   
    Alpha over DOW
    Beta against DOW=1.29
    Overall volatility
    Information ratio =0.0068

    NB EM Alerts

    NB EM Alerts and Suggestions
    NB EM LOC appears to be very risky and stock price may revert if volatility continues
    Check also Trending Equities. Please also try Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.