4627976 (Ireland) Probability of Target Price Finishing Over Current Price

    4627976 -- Ireland Fund  

    USD 1.88  0.16  9.30%

    4627976 probability of target price tool provides mechanism to make assumptions about upside and downside potential of 4627976 performance during a given time horizon utilizing its historical volatility. Please specify 4627976 time horizon, a valid symbol (red box) and a target price (blue box) you would like 4627976 odds to be computed. Check also Trending Equities.
    Horizon     30 Days    Login   to change
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    4627976 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     1.88 30 days 1.88  ABOUT 18.82%
    Based on normal probability distribution, the odds of 4627976 to move above current price in 30 days from now is about 18.82% (This 4627976 probability density function shows the probability of 4627976 Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, 4627976 has beta of -2.7113 . This suggests as returns on its benchmark rise, returns on holding 4627976 are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, 4627976 is expected to outperform its benchmark. Additionally 4627976 has an alpha of 0.3987 implying that it can potentially generate 0.3987% excess return over DOW after adjusting for the inherited market risk (beta).
     4627976 Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.40
    β
    Beta against DOW=2.71
    σ
    Overall volatility
    =0.91
    Ir
    Information ratio =0.009595

    4627976 Alerts

    4627976 Alerts and Suggestions

    4627976 may become a speculative penny stock
    Check also Trending Equities. Please also try Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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