26580167 (Ireland) Probability of Target Price Finishing Over

    26580167 -- Ireland Fund  

    USD 10.07  0.13  1.27%

    26580167 probability of target price tool provides mechanism to make assumptions about upside and downside potential of 26580167 performance during a given time horizon utilizing its historical volatility. Please specify 26580167 time horizon, a valid symbol (red box) and a target price (blue box) you would like 26580167 odds to be computed. Check also Trending Equities.
     Time Horizon     30 Days    Login   to change
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    26580167 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     10.07 30 days 10.07  ABOUT 17.03%
    Based on normal probability distribution, the odds of 26580167 to move above current price in 30 days from now is about 17.03% (This 26580167 probability density function shows the probability of 26580167 Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, 26580167 has beta of 0.2179 . This suggests as returns on market go up, 26580167 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding 26580167 will be expected to be much smaller as well. Additionally 26580167 has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     26580167 Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.12
    β
    Beta against DOW=0.22
    σ
    Overall volatility
    =5.25
    Ir
    Information ratio =0.27

    26580167 Alerts

    26580167 Alerts and Suggestions
    26580167 generates negative expected return over the last 30 days
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