SSgA GBP (Ireland) Probability of Target Price Finishing Over Current Price

    F00000NMLU -- Ireland Fund  

    GBp 1,142  0.00  0.00%

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

    SSgA GBP Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     1,142 30 days 1,142  ABOUT 30.58%
    Based on normal probability distribution, the odds of SSgA GBP to move above current price in 30 days from now is about 30.58% (This SSgA GBP Liquidity Z Acc probability density function shows the probability of SSgA GBP Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, SSgA GBP Liquidity Z Acc has beta of -0.0016 suggesting as returns on benchmark increase, returns on holding SSgA GBP are expected to decrease at a much smaller rate. During bear market, however, SSgA GBP Liquidity Z Acc is likely to outperform the market. Additionally SSgA GBP Liquidity Z Acc has an alpha of 0.015 implying that it can potentially generate 0.015% excess return over DOW after adjusting for the inherited market risk (beta).
     SSgA GBP Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.014978
    β
    Beta against DOW=0.0016
    σ
    Overall volatility
    =485.35
    Ir
    Information ratio =1.46

    SSgA GBP Alerts

    SSgA GBP Alerts and Suggestions

    SSgA GBP Liquidity is not yet fully synchronised with the market data
    SSgA GBP Liquidity generates negative expected return over the last 30 days
    The fund retains about 100.0% of its assets under management (AUM) in cash
    Additionally see Investing Opportunities. Please also try Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
    Search macroaxis.com