BNY DYN (Ireland) Probability of Target Price Finishing Over Current Price

    28300797 -- Ireland Fund  

    USD 0.91  0.0337  3.58%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     0.91 30 days 0.91  ABOUT 26.58%
    Based on normal probability distribution, the odds of BNY DYN to move above current price in 30 days from now is about 26.58% (This BNY DYN TO USD X AC probability density function shows the probability of BNY DYN Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, BNY DYN has beta of 0.1313 . This suggests as returns on market go up, BNY DYN average returns are expected to increase less than the benchmark. However during bear market, the loss on holding BNY DYN TO USD X AC will be expected to be much smaller as well. Additionally BNY DYN TO USD X AC has an alpha of 0.0357 implying that it can potentially generate 0.0357% excess return over DOW after adjusting for the inherited market risk (beta).
     BNY DYN Price Density 
          Price 
    α
    Alpha over DOW
    =0.035689
    β
    Beta against DOW=0.13
    σ
    Overall volatility
    =0.44
    Ir
    Information ratio =0.08

    BNY DYN Alerts

    BNY DYN Alerts and Suggestions

    BNY DYN TO is not yet fully synchronised with the market data
    BNY DYN TO generates negative expected return over the last 30 days
    BNY DYN TO has some characteristics of a very speculative penny stock

    Price Density Drivers

    BNY DYN Health Indicators

    Check also Trending Equities. Please also try Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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