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

    F00000NFBA -- Ireland Fund  

    EUR 14.85  0.08  0.54%

    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
     14.85 30 days 14.85  ABOUT 39.96%
    Based on normal probability distribution, the odds of Perkins US to move above current price in 30 days from now is about 39.96% (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 -0.0332 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 Perkins US Strategic Value E EUR Acc Hdg has an alpha of 0.1752 implying that it can potentially generate 0.1752% excess return over DOW after adjusting for the inherited market risk (beta).
     Perkins US Price Density 
          Price 
    α
    Alpha over DOW
    =0.18
    β
    Beta against DOW=0.03
    σ
    Overall volatility
    =5.43
    Ir
    Information ratio =0.48

    Perkins US Alerts

    Perkins US Alerts and Suggestions

    Perkins US Strategic is not yet fully synchronised with the market data
    Perkins US Strategic generates negative expected return over the last 30 days
    The fund retains about 6.02% of its assets under management (AUM) in cash

    Price Density Drivers

    Perkins US Health Indicators

    Additionally see Investing Opportunities. Please also try Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.
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