26419120 (Ireland) Probability of Target Price Finishing Over Current Price

    26419120 -- Ireland ETF  

    USD 13.98  12.30  46.80%

    26419120 probability of target price tool provides mechanism to make assumptions about upside and downside potential of 26419120 performance during a given time horizon utilizing its historical volatility. Please specify 26419120 time horizon, a valid symbol (red box) and a target price (blue box) you would like 26419120 odds to be computed. Check also Trending Equities.
    Horizon     30 Days    Login   to change
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    26419120 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     13.98 30 days 13.98  ABOUT 52.24%
    Based on normal probability distribution, the odds of 26419120 to move above current price in 30 days from now is about 52.24% (This 26419120 probability density function shows the probability of 26419120 ETF to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, 26419120 has beta of -2.0727 . This suggests as returns on its benchmark rise, returns on holding 26419120 are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, 26419120 is expected to outperform its benchmark. In addition to that 26419120 has an alpha of 5.6526 implying that it can potentially generate 5.6526% excess return over DOW after adjusting for the inherited market risk (beta).
     26419120 Price Density 
          Price 
    α
    Alpha over DOW
    =5.65
    β
    Beta against DOW=2.07
    σ
    Overall volatility
    =9.95
    Ir
    Information ratio =0.12

    26419120 Alerts

    26419120 Alerts and Suggestions

    26419120 is not yet fully synchronised with the market data
    26419120 generates negative expected return over the last 30 days
    Check also Trending Equities. Please also try Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
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