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

    F000001XI7 -- Ireland Fund  

    GBp 125.00  0.00  0.00%

    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
     125.00 30 days 125.00  ABOUT 23.19%
    Based on normal probability distribution, the odds of Absolute Insight to move above current price in 30 days from now is about 23.19% (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 has beta of 0.1461 suggesting as returns on market go up, Absolute Insight average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Absolute Insight Eq Mkt Netrl will be expected to be much smaller as well. Additionally Absolute Insight Eq Mkt Netrl has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Absolute Insight Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.08
    β
    Beta against DOW=0.15
    σ
    Overall volatility
    =61.72
    Ir
    Information ratio =0.21

    Absolute Insight Alerts

    Absolute Insight Alerts and Suggestions

    Absolute Insight generates negative expected return over the last 30 days
    The fund retains about 58.71% of its assets under management (AUM) in cash
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