BROWN US (Ireland) Probability of Target Price Finishing Over Current Price

    4933480 -- Ireland Fund  

    EUR 15.09  0.45  3.07%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     15.09 30 days 15.09  ABOUT 19.88%
    Based on normal probability distribution, the odds of BROWN US to move above current price in 30 days from now is about 19.88% (This BROWN US SML EUR B probability density function shows the probability of BROWN US Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, BROWN US has beta of 0.2424 . This suggests as returns on market go up, BROWN US average returns are expected to increase less than the benchmark. However during bear market, the loss on holding BROWN US SML EUR B will be expected to be much smaller as well. Additionally BROWN US SML EUR B has an alpha of 0.0207 implying that it can potentially generate 0.0207% excess return over DOW after adjusting for the inherited market risk (beta).
     BROWN US Price Density 
          Price 
    α
    Alpha over DOW
    =0.020678
    β
    Beta against DOW=0.24
    σ
    Overall volatility
    =7.41
    Ir
    Information ratio =0.026483

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    BROWN US SML is not yet fully synchronised with the market data
    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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