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
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    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 35.7%
    Based on normal probability distribution, the odds of Invesco Korean to move above current price in 30 days from now is about 35.7% (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 has beta of 0.1952 suggesting as returns on market go up, Invesco Korean average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Invesco Korean Equity A HKD will be expected to be much smaller as well. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Invesco Korean Equity is significantly underperforming DOW.
     Invesco Korean Price Density 
          Price 
    α
    Alpha over DOW
    =0.52
    β
    Beta against DOW=0.20
    σ
    Overall volatility
    =28.17
    Ir
    Information ratio =0.23

    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
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