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 52.52%
    Based on normal probability distribution, the odds of 26419120 to move above current price in 30 days from now is about 52.52% (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, the etf has beta coefficient of 2.5523 . 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, 26419120 will likely underperform. In addition to that 26419120 has an alpha of 8.4785 implying that it can potentially generate 8.4785% excess return over DOW after adjusting for the inherited market risk (beta).
     26419120 Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =8.48
    β
    Beta against DOW=2.55
    σ
    Overall volatility
    =11.48
    Ir
    Information ratio =0.18

    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 Piotroski F Score module to get piotroski f score based on binary analysis strategy of nine different fundamentals.
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