PRIN GBL (Ireland) Probability of Target Price Finishing Over Current Price

    28284865 -- Ireland Fund  

    JPY 1,188  0.00  0.00%

    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.
    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
     1,188 30 days 1,188  ABOUT 25.84%
    Based on normal probability distribution, the odds of PRIN GBL to move above current price in 30 days from now is about 25.84% (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 PRO JPY I has beta of -0.1022 . This suggests as returns on benchmark increase, returns on holding PRIN GBL are expected to decrease at a much smaller rate. During bear market, however, PRIN GBL PRO JPY I is likely to outperform the market. Additionally PRIN GBL PRO JPY I has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     PRIN GBL Price Density 
          Price 
    α
    Alpha over DOW
    =0.0036
    β
    Beta against DOW=0.1
    σ
    Overall volatility
    =588.09
    Ir
    Information ratio =0.06

    PRIN GBL Alerts

    PRIN GBL Alerts and Suggestions

    PRIN GBL PRO is not yet fully synchronised with the market data
    PRIN GBL PRO generates negative expected return over the last 30 days

    Price Density Drivers

    PRIN GBL Health Indicators

    Check also Trending Equities. Please also try Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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