Absolute Insight (Ireland) Probability of Target Price Finishing Over Current Price

    Absolute Insight probability of target price tool provides mechanism to make assumptions about upside and downside potential of Absolute Insight Eq Mkt Netrl performance during a given time horizon utilizing its historical volatility. Please specify Absolute Insight time horizon, a valid symbol (red box) and a target price (blue box) you would like Absolute Insight odds to be computed. Additionally see Investing Opportunities.
    Horizon     30 Days    Login   to change
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    Absolute Insight Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     0.00 30 days 0.00  MORE THAN 93.0%
    Based on normal probability distribution, the odds of Absolute Insight to move above current price in 30 days from now is more than 93.0% (This Absolute Insight Eq Mkt Netrl probability density function shows the probability of Absolute Insight Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Absolute Insight Eq Mkt Netrl has beta of -0.0074 suggesting as returns on benchmark increase, returns on holding Absolute Insight are expected to decrease at a much smaller rate. During bear market, however, Absolute Insight Eq Mkt Netrl is likely to outperform the market. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Absolute Insight is significantly underperforming DOW.
     Absolute Insight Price Density 
          Price 
    α
    Alpha over DOW
    =0.0069
    β
    Beta against DOW=0.0074
    σ
    Overall volatility
    =58.34
    Ir
    Information ratio =0.11

    Absolute Insight Alerts

    Absolute Insight Alerts and Suggestions

    Absolute Insight is not yet fully synchronised with the market data
    Absolute Insight has some characteristics of a very speculative penny stock
    The fund retains about 58.71% of its assets under management (AUM) in cash
    Additionally see Investing Opportunities. Please also try Fundamentals Matrix module to view fundamentals matrix and analyze how accounts are interrelated and interconnected with each other.
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