JAN PRK (Ireland) Probability of Target Price Finishing Over Current Price

    3697912 -- Ireland Fund  

    USD 13.45  1.16  7.94%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     13.45 30 days 13.45  ABOUT 50.99%
    Based on normal probability distribution, the odds of JAN PRK to move above current price in 30 days from now is about 50.99% (This JAN PRK US USD A probability density function shows the probability of JAN PRK Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, the fund has beta coefficient of 5.1779 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are expected to be negative, JAN PRK will likely underperform. Additionally JAN PRK US USD A has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     JAN PRK Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.39
    β
    Beta against DOW=5.18
    σ
    Overall volatility
    =7.74
    Ir
    Information ratio =0.08

    JAN PRK Alerts

    JAN PRK Alerts and Suggestions

    JAN PRK US is not yet fully synchronised with the market data
    JAN PRK US generates negative expected return over the last 30 days
    Check also Trending Equities. Please also try Instant Ratings module to determine any equity ratings based on digital recommendations. macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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