GlobalAccess Japan (Ireland) Probability of Target Price Finishing Over

    F00000JVTM -- Ireland Fund  

    JPY 171.39  0.54  0.32%

    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.
     Time 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
     171.39 30 days 171.39  ABOUT 25.83%
    Based on normal probability distribution, the odds of GlobalAccess Japan to move above current price in 30 days from now is about 25.83% (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 has beta of 0.023 suggesting as returns on market go up, GlobalAccess Japan average returns are expected to increase less than the benchmark. However during bear market, the loss on holding GlobalAccess Japan Z Acc will be expected to be much smaller as well. Additionally GlobalAccess Japan Z Acc has an alpha of 0.0404 implying that it can potentially generate 0.0404% excess return over DOW after adjusting for the inherited market risk (beta).
     GlobalAccess Japan Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.040407
    β
    Beta against DOW=0.023
    σ
    Overall volatility
    =88.37
    Ir
    Information ratio =0.27

    GlobalAccess Japan Alerts

    GlobalAccess Japan Alerts and Suggestions
    GlobalAccess Japan Z generates negative expected return over the last 30 days
    The fund retains 98.62% of its assets under management (AUM) in equities
    Additionally see Investing Opportunities. Please also try Insider Screener module to find insiders across different sectors to evaluate their impact on performance.