Principal Preferred (Ireland) Probability of Target Price Finishing Over Current Price

    F000005N3U -- Ireland Fund  

     11.65  0.06  0.51%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     11.65 30 days 11.65  ABOUT 87.56%
    Based on normal probability distribution, the odds of Principal Preferred to move above current price in 30 days from now is about 87.56% (This Principal Preferred Secs D USD probability density function shows the probability of Principal Preferred Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Principal Preferred Secs D USD has beta of -0.0798 suggesting as returns on benchmark increase, returns on holding Principal Preferred are expected to decrease at a much smaller rate. During bear market, however, Principal Preferred Secs D USD is likely to outperform the market. Additionally Principal Preferred Secs D USDIt does not look like Principal Preferred alpha can have any bearing on the equity current valuation.
     Principal Preferred Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.00
    β
    Beta against DOW=0.08
    σ
    Overall volatility
    =0.12
    Ir
    Information ratio =0.00

    Principal Preferred Alerts

    Principal Preferred Alerts and Suggestions

    Principal Preferred is not yet fully synchronised with the market data
    Additionally see Investing Opportunities. Please also try Price Transformation module to use price transformation models to analyze depth of different equity instruments across global markets.
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