Sanlam FOUR (Ireland) Probability of Target Price Finishing Over

    F00000NOH0 -- Ireland Fund  

    USD 18.42  0.10  0.55%

    Sanlam FOUR probability of target price tool provides mechanism to make assumptions about upside and downside potential of Sanlam FOUR Global Equity B USD performance during a given time horizon utilizing its historical volatility. Please specify Sanlam FOUR time horizon, a valid symbol (red box) and a target price (blue box) you would like Sanlam FOUR odds to be computed. Additionally see Investing Opportunities.
     Time Horizon     30 Days    Login   to change
    Refresh Odds

    Sanlam FOUR Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     18.42 30 days 18.42  ABOUT 6.68%
    Based on normal probability distribution, the odds of Sanlam FOUR to move above current price in 30 days from now is about 6.68% (This Sanlam FOUR Global Equity B USD probability density function shows the probability of Sanlam FOUR Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Sanlam FOUR Global Equity B USD has beta of -0.0394 suggesting as returns on benchmark increase, returns on holding Sanlam FOUR are expected to decrease at a much smaller rate. During bear market, however, Sanlam FOUR Global Equity B USD is likely to outperform the market. Additionally Sanlam FOUR Global Equity B USD has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Sanlam FOUR Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.0041
    β
    Beta against DOW=0.04
    σ
    Overall volatility
    =0.05
    Ir
    Information ratio =0.31

    Sanlam FOUR Alerts

    Sanlam FOUR Alerts and Suggestions
    Sanlam FOUR Global generates negative expected return over the last 30 days
    The fund retains 96.55% of its assets under management (AUM) in equities
    Additionally see Investing Opportunities. Please also try Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.