3571117 (Ireland) Probability of Target Price Finishing Over Current Price

    3571117 -- Ireland Fund  

    EUR 11.67  0.02  0.17%

    3571117 probability of target price tool provides mechanism to make assumptions about upside and downside potential of 3571117 performance during a given time horizon utilizing its historical volatility. Please specify 3571117 time horizon, a valid symbol (red box) and a target price (blue box) you would like 3571117 odds to be computed. Check also Trending Equities.
    Horizon     30 Days    Login   to change
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    3571117 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     11.67 30 days 11.67  ABOUT 12.87%
    Based on normal probability distribution, the odds of 3571117 to move above current price in 30 days from now is about 12.87% (This 3571117 probability density function shows the probability of 3571117 Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, 3571117 has beta of 0.0027 . This suggests as returns on market go up, 3571117 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding 3571117 will be expected to be much smaller as well. Additionally 3571117 has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     3571117 Price Density 
          Price 
    α
    Alpha over DOW
    =0.0095
    β
    Beta against DOW=0.0027
    σ
    Overall volatility
    =5.85
    Ir
    Information ratio =1.60

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    3571117 is not yet fully synchronised with the market data
    Check also Trending Equities. Please also try Price Ceiling Movement module to calculate and plot price ceiling movement for different equity instruments.
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