GS Euro (Ireland) Probability of Target Price Finishing Over Current Price

    F000002BT9 -- Ireland Fund  

    EUR 10,393  0.28  0.0027%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     10,393 30 days 10,393  ABOUT 18.75%
    Based on normal probability distribution, the odds of GS Euro to move above current price in 30 days from now is about 18.75% (This GS Euro Liquid Res M Acc probability density function shows the probability of GS Euro Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, GS Euro Liquid Res M Acc has beta of -0.0066 suggesting as returns on benchmark increase, returns on holding GS Euro are expected to decrease at a much smaller rate. During bear market, however, GS Euro Liquid Res M Acc is likely to outperform the market. Additionally GS Euro Liquid Res M Acc has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     GS Euro Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.02
    β
    Beta against DOW=0.0066
    σ
    Overall volatility
    =5,309
    Ir
    Information ratio =1.24

    GS Euro Alerts

    GS Euro Alerts and Suggestions

    GS Euro Liquid is not yet fully synchronised with the market data
    GS Euro Liquid generates negative expected return over the last 30 days
    The fund retains about 100.0% of its assets under management (AUM) in cash
    Additionally see Investing Opportunities. Please also try Pair Correlation module to compare performance and examine historical correlation between any two equity instruments.
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