29284838 (Ireland) Probability of Target Price Finishing Over Current Price

    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.
    Horizon     30 Days    Login   to change
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    29284838 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     100.70 30 days 100.70  ABOUT 19.53%
    Based on normal probability distribution, the odds of 29284838 to move above current price in 30 days from now is about 19.53% (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 -0.7723 . This suggests as returns on benchmark increase, returns on holding 29284838 are expected to decrease at a much smaller rate. During bear market, however, 29284838 is likely to outperform the market. 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   
    α
    Alpha over DOW
    =0.2
    β
    Beta against DOW=0.77
    σ
    Overall volatility
    =53.11
    Ir
    Information ratio =0.15

    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?
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