3342457 (Ireland) Probability of Target Price Finishing Over Current Price

    3342457 -- Ireland Fund  

    GBP 152.71  12.80  9.15%

    3342457 probability of target price tool provides mechanism to make assumptions about upside and downside potential of 3342457 performance during a given time horizon utilizing its historical volatility. Please specify 3342457 time horizon, a valid symbol (red box) and a target price (blue box) you would like 3342457 odds to be computed. Check also Trending Equities.
    Horizon     30 Days    Login   to change
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    3342457 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     152.71 30 days 152.71  ABOUT 22.42%
    Based on normal probability distribution, the odds of 3342457 to move above current price in 30 days from now is about 22.42% (This 3342457 probability density function shows the probability of 3342457 Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, 3342457 has beta of -0.6589 . This suggests as returns on benchmark increase, returns on holding 3342457 are expected to decrease at a much smaller rate. During bear market, however, 3342457 is likely to outperform the market. Additionally 3342457 has an alpha of 0.078 implying that it can potentially generate 0.078% excess return over DOW after adjusting for the inherited market risk (beta).
     3342457 Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.08
    β
    Beta against DOW=0.66
    σ
    Overall volatility
    =69.85
    Ir
    Information ratio =0.06

    3342457 Alerts

    3342457 Alerts and Suggestions

    3342457 is not yet fully synchronised with the market data
    3342457 generates negative expected return over the last 30 days
    Check also Trending Equities. Please also try Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
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