Invesco Korean (Ireland) Probability of Target Price Finishing Over Current Price

    F00000MMA4 -- Ireland Fund  

    HKD 77.33  0.66  0.86%

    Invesco Korean probability of target price tool provides mechanism to make assumptions about upside and downside potential of Invesco Korean Equity A HKD performance during a given time horizon utilizing its historical volatility. Please specify Invesco Korean time horizon, a valid symbol (red box) and a target price (blue box) you would like Invesco Korean odds to be computed. Additionally see Investing Opportunities.
    Horizon     30 Days    Login   to change
    Symbol:
    Refresh Odds

    Invesco Korean Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     77.33 30 days 77.33  ABOUT 29.81%
    Based on normal probability distribution, the odds of Invesco Korean to move above current price in 30 days from now is about 29.81% (This Invesco Korean Equity A HKD probability density function shows the probability of Invesco Korean Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Invesco Korean Equity A HKD has beta of -0.3358 suggesting as returns on benchmark increase, returns on holding Invesco Korean are expected to decrease at a much smaller rate. During bear market, however, Invesco Korean Equity A HKD is likely to outperform the market. Additionally Invesco Korean Equity A HKD has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Invesco Korean Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =1
    β
    Beta against DOW=0.34
    σ
    Overall volatility
    =37.20
    Ir
    Information ratio =0.21

    Invesco Korean Alerts

    Invesco Korean Alerts and Suggestions

    Invesco Korean is not yet fully synchronised with the market data
    Invesco Korean generates negative expected return over the last 30 days
    The fund retains 99.05% of its assets under management (AUM) in equities
    Additionally see Investing Opportunities. Please also try Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
    Search macroaxis.com