Perkins US (Ireland) Probability of Target Price Finishing Over Current Price

    F00000NFBA -- Ireland Fund  

    EUR 13.79  0.22  1.57%

    Perkins US probability of target price tool provides mechanism to make assumptions about upside and downside potential of Perkins US Strategic Value E EUR Acc Hdg performance during a given time horizon utilizing its historical volatility. Please specify Perkins US time horizon, a valid symbol (red box) and a target price (blue box) you would like Perkins US odds to be computed. Additionally see Investing Opportunities.
    Horizon     30 Days    Login   to change
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    Perkins US Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     13.79 30 days 13.79  ABOUT 48.23%
    Based on normal probability distribution, the odds of Perkins US to move above current price in 30 days from now is about 48.23% (This Perkins US Strategic Value E EUR Acc Hdg probability density function shows the probability of Perkins US Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Perkins US Strategic Value E EUR Acc Hdg has beta of -0.1222 suggesting as returns on benchmark increase, returns on holding Perkins US are expected to decrease at a much smaller rate. During bear market, however, Perkins US Strategic Value E EUR Acc Hdg is likely to outperform the market. Additionally The company has an alpha of 0.1317 implying that it can potentially generate 0.1317% excess return over DOW after adjusting for the inherited market risk (beta).
     Perkins US Price Density 
          Price 
    α
    Alpha over DOW
    =0.13
    β
    Beta against DOW=0.12
    σ
    Overall volatility
    =5.46
    Ir
    Information ratio =0.22

    Perkins US Alerts and Suggestions

    Perkins US Strategic is not yet fully synchronised with the market data
    The fund retains about 6.02% of its assets under management (AUM) in cash

    Perkins USPrice Density Drivers

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