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

    F00000JVTN -- Ireland Fund  

    EUR 1.37  0.00  0.00%

    GlobalAccess Japan probability of target price tool provides mechanism to make assumptions about upside and downside potential of GlobalAccess Japan A 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
     1.37 30 days 1.37  ABOUT 23.13%
    Based on normal probability distribution, the odds of GlobalAccess Japan to move above current price in 30 days from now is about 23.13% (This GlobalAccess Japan A 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 A Acc has beta of -0.0042 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 A Acc is likely to outperform the market. Additionally GlobalAccess Japan A Acc has an alpha of 0.0808 implying that it can potentially generate 0.0808% excess return over DOW after adjusting for the inherited market risk (beta).
     GlobalAccess Japan Price Density 
          Price 
    α
    Alpha over DOW
    =0.08
    β
    Beta against DOW=0.0042
    σ
    Overall volatility
    =0.72
    Ir
    Information ratio =0.11

    GlobalAccess Japan Alerts

    GlobalAccess Japan Alerts and Suggestions

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