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

    F00000NMLU -- Ireland Fund  

    GBp 1,143  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
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    SSgA GBP Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     1,143 30 days 1,143  ABOUT 31.87%
    Based on normal probability distribution, the odds of SSgA GBP to move above current price in 30 days from now is about 31.87% (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 has beta of 0.002 suggesting as returns on market go up, SSgA GBP average returns are expected to increase less than the benchmark. However during bear market, the loss on holding SSgA GBP Liquidity Z Acc will be expected to be much smaller as well. Additionally SSgA GBP Liquidity Z Acc has an alpha of 0.012 implying that it can potentially generate 0.012% excess return over DOW after adjusting for the inherited market risk (beta).
     SSgA GBP Price Density 
          Price 
    α
    Alpha over DOW
    =0.012032
    β
    Beta against DOW=0.002
    σ
    Overall volatility
    =459.61
    Ir
    Information ratio =1.10

    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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
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