Stryx World (Ireland) Probability of Target Price Finishing Over Current Price

    F0000020J3 -- Ireland Fund  

    EUR 215.48  0.88  0.41%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     215.48 30 days 215.48  ROUGHLY 96.0%
    Based on normal probability distribution, the odds of Stryx World to move above current price in 30 days from now is roughly 96.0% (This Stryx World Growth EUR probability density function shows the probability of Stryx World Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Stryx World Growth EUR has beta of -0.4035 suggesting as returns on benchmark increase, returns on holding Stryx World are expected to decrease at a much smaller rate. During bear market, however, Stryx World Growth EUR 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. Stryx World Growth is significantly underperforming DOW.
     Stryx World Price Density 
          Price 
    α
    Alpha over DOW
    =0.18
    β
    Beta against DOW=0.4
    σ
    Overall volatility
    =6.74
    Ir
    Information ratio =0.09

    Stryx World Alerts

    Stryx World Alerts and Suggestions

    Stryx World Growth is not yet fully synchronised with the market data
    The fund retains 96.68% of its assets under management (AUM) in equities
    Additionally see Investing Opportunities. Please also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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