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 -0.0693 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 
          Price 
    α
    Alpha over DOW
    =0.00
    β
    Beta against DOW=0.07
    σ
    Overall volatility
    =0.12
    Ir
    Information ratio =0.00

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    Principal Preferred Alerts and Suggestions

    Principal Preferred is not yet fully synchronised with the market data
    Additionally see Investing Opportunities. Please also try Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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