TT INTL (Ireland) Probability of Target Price Finishing Over

    2724097 -- Ireland Fund  

    EUR 13.03  3.15  31.88%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     13.03 30 days 13.03  ABOUT 15.57%
    Based on normal probability distribution, the odds of TT INTL to move above current price in 30 days from now is about 15.57% (This TT INTL EUR EQTY B probability density function shows the probability of TT INTL Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, TT INTL EUR EQTY B has beta of -4.4879 . This suggests as returns on its benchmark rise, returns on holding TT INTL EUR EQTY B are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, TT INTL is expected to outperform its benchmark. In addition to that TT INTL EUR EQTY B has an alpha of 4.4309 implying that it can potentially generate 4.4309% excess return over DOW after adjusting for the inherited market risk (beta).
     TT INTL Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =4.43
    β
    Beta against DOW=4.49
    σ
    Overall volatility
    =6.14
    Ir
    Information ratio =0.20

    TT INTL Alerts

    TT INTL Alerts and Suggestions
    TT INTL EUR appears to be very risky and stock price may revert if volatility continues
    Check also Trending Equities. Please also try Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.