2957782 (Ireland) Probability of Target Price Finishing Over

    2957782 -- Ireland Fund  

    USD 265.91  36.80  16.06%

    2957782 probability of target price tool provides mechanism to make assumptions about upside and downside potential of 2957782 performance during a given time horizon utilizing its historical volatility. Please specify 2957782 time horizon, a valid symbol (red box) and a target price (blue box) you would like 2957782 odds to be computed. Check also Trending Equities.
     Time Horizon     30 Days    Login   to change
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    2957782 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     265.91 30 days 265.91  ABOUT 15.12%
    Based on normal probability distribution, the odds of 2957782 to move above current price in 30 days from now is about 15.12% (This 2957782 probability density function shows the probability of 2957782 Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, 2957782 has beta of -3.3964 . This suggests as returns on its benchmark rise, returns on holding 2957782 are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, 2957782 is expected to outperform its benchmark. Additionally 2957782 has an alpha of 0.7334 implying that it can potentially generate 0.7334% excess return over DOW after adjusting for the inherited market risk (beta).
     2957782 Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.73
    β
    Beta against DOW=3.4
    σ
    Overall volatility
    =126.91
    Ir
    Information ratio =0.031834

    2957782 Alerts

    2957782 Alerts and Suggestions
    2957782 appears to be very risky and stock price may revert if volatility continues
    Check also Trending Equities. Please also try Equity Analysis module to research over 250,000 global equities including funds, stocks and etfs to find investment opportunities.