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
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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 20.98%
    Based on normal probability distribution, the odds of BROWN US to move above current price in 30 days from now is about 20.98% (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 SML EUR B has beta of -0.2858 . This suggests as returns on benchmark increase, returns on holding BROWN US are expected to decrease at a much smaller rate. During bear market, however, BROWN US SML EUR B is likely to outperform the market. Additionally The company has an alpha of 0.0442 implying that it can potentially generate 0.0442% excess return over DOW after adjusting for the inherited market risk (beta).
     BROWN US Price Density 
          Price 
    α
    Alpha over DOW
    =0.044217
    β
    Beta against DOW=0.29
    σ
    Overall volatility
    =7.33
    Ir
    Information ratio =0.05

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