29284838 (Ireland) Probability of Target Price Finishing Over

    29284838 -- Ireland Fund  

    USD 100.70  3.79  3.63%

    29284838 probability of target price tool provides mechanism to make assumptions about upside and downside potential of 29284838 performance during a given time horizon utilizing its historical volatility. Please specify 29284838 time horizon, a valid symbol (red box) and a target price (blue box) you would like 29284838 odds to be computed. Check also Trending Equities.
     Time Horizon     30 Days    Login   to change
    Refresh Odds

    29284838 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     100.70 30 days 100.70  MORE THAN 93.0%
    Based on normal probability distribution, the odds of 29284838 to move above current price in 30 days from now is more than 93.0% (This 29284838 probability density function shows the probability of 29284838 Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, 29284838 has beta of 0.293 . This suggests as returns on market go up, 29284838 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding 29284838 will be expected to be much smaller as well. Additionally 29284838 has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     29284838 Price Density 
    Current Price   Target Price   
    Alpha over DOW
    Beta against DOW=0.29
    Overall volatility
    Information ratio =0.03

    Current Sentiment - 29284838

    29284838 Investor Sentiment
    Macroaxis portfolio users are unresponsive in their sentiment towards investing in 29284838. What is your sentiment towards investing in 29284838? Are you bullish or bearish?
    50% Bullish
    50% Bearish

    Thematic Opportunities

    Explore Investment Opportunities
    Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked.
    Explore Thematic Ideas
    Explore Investing Ideas  
    Check also Trending Equities. Please also try Portfolio Manager module to state of the art portfolio manager to monitor and improve performance of your invested capital.