PRIN GBL (Ireland) Probability of Target Price Finishing Over

    28284865 -- Ireland Fund  

    JPY 1,265  76.24  6.42%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     1,265 30 days 1,265  ABOUT 11.27%
    Based on normal probability distribution, the odds of PRIN GBL to move above current price in 30 days from now is about 11.27% (This PRIN GBL PRO JPY I probability density function shows the probability of PRIN GBL Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, PRIN GBL has beta of 0.1405 . This suggests as returns on market go up, PRIN GBL average returns are expected to increase less than the benchmark. However during bear market, the loss on holding PRIN GBL PRO JPY I will be expected to be much smaller as well. Additionally PRIN GBL PRO JPY I has an alpha of 0.2606 implying that it can potentially generate 0.2606% excess return over DOW after adjusting for the inherited market risk (beta).
     PRIN GBL Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.26
    β
    Beta against DOW=0.14
    σ
    Overall volatility
    =624.51
    Ir
    Information ratio =0.20

    PRIN GBL Alerts

    PRIN GBL Alerts and Suggestions
    PRIN GBL PRO generates negative expected return over the last 30 days
    Check also Trending Equities. Please also try Focused Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.