30144300 (Ireland) Probability of Target Price Finishing Over Current Price

    30144300 -- Ireland Fund  

    USD 10.31  0.56  5.74%

    30144300 probability of target price tool provides mechanism to make assumptions about upside and downside potential of 30144300 performance during a given time horizon utilizing its historical volatility. Please specify 30144300 time horizon, a valid symbol (red box) and a target price (blue box) you would like 30144300 odds to be computed. Check also Trending Equities.
    Horizon     30 Days    Login   to change
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    30144300 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     10.31 30 days 10.31  ABOUT 23.18%
    Based on normal probability distribution, the odds of 30144300 to move above current price in 30 days from now is about 23.18% (This 30144300 probability density function shows the probability of 30144300 Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, 30144300 has beta of 0.1547 . This suggests as returns on market go up, 30144300 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding 30144300 will be expected to be much smaller as well. Additionally 30144300 has an alpha of 0.0778 implying that it can potentially generate 0.0778% excess return over DOW after adjusting for the inherited market risk (beta).
     30144300 Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.08
    β
    Beta against DOW=0.15
    σ
    Overall volatility
    =4.94
    Ir
    Information ratio =0.03186

    30144300 Alerts

    30144300 Alerts and Suggestions

    30144300 is not yet fully synchronised with the market data
    30144300 generates negative expected return over the last 30 days
    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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