GlobalAccess Japan (Ireland) Probability of Target Price Finishing Over Current Price

    F00000JVTM -- Ireland Fund  

    JPY 146.86  8.06  5.20%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     146.86 30 days 146.86  ABOUT 42.05%
    Based on normal probability distribution, the odds of GlobalAccess Japan to move above current price in 30 days from now is about 42.05% (This GlobalAccess Japan Z Acc probability density function shows the probability of GlobalAccess Japan Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, GlobalAccess Japan Z Acc has beta of -0.3977 suggesting as returns on benchmark increase, returns on holding GlobalAccess Japan are expected to decrease at a much smaller rate. During bear market, however, GlobalAccess Japan Z Acc is likely to outperform the market. Additionally The company has an alpha of 0.2164 implying that it can potentially generate 0.2164% excess return over DOW after adjusting for the inherited market risk (beta).
     GlobalAccess Japan Price Density 
    Alpha over DOW
    Beta against DOW=0.4
    Overall volatility
    Information ratio =0.16

    GlobalAccess Japan Alerts and Suggestions

    GlobalAccess Japan is not yet fully synchronised with the market data
    The fund retains 98.62% of its assets under management (AUM) in equities