GlobalAccess Japan (Ireland) Probability of Target Price Finishing Over

    F00000JVTN -- Ireland Fund  

    EUR 1.40  0.02  1.45%

    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.
     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
     1.40 30 days 1.40  ABOUT 10.71%
    Based on normal probability distribution, the odds of GlobalAccess Japan to move above current price in 30 days from now is about 10.71% (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 -0.4173 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 0.4057 implying that it can potentially generate 0.4057% excess return over DOW after adjusting for the inherited market risk (beta).
     GlobalAccess Japan Price Density 
    Current Price   Target Price   
    Alpha over DOW
    Beta against DOW=0.42
    Overall volatility
    Information ratio =0.22

    GlobalAccess Japan Alerts

    GlobalAccess Japan Alerts and Suggestions
    GlobalAccess Japan A generates negative expected return over the last 30 days
    GlobalAccess Japan A 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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.