Sarasin IE (Ireland) Probability of Target Price Finishing Over Current Price

    F00000OWJP -- Ireland Fund  

    USD 31.28  1.02  3.16%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     31.28 30 days 31.28  ABOUT 30.48%
    Based on normal probability distribution, the odds of Sarasin IE to move above current price in 30 days from now is about 30.48% (This Sarasin IE EquiSar Glbl Thmtc P Acc probability density function shows the probability of Sarasin IE Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Sarasin IE EquiSar Glbl Thmtc P Acc has beta of -0.2193 suggesting as returns on benchmark increase, returns on holding Sarasin IE are expected to decrease at a much smaller rate. During bear market, however, Sarasin IE EquiSar Glbl Thmtc P Acc is likely to outperform the market. Additionally Sarasin IE EquiSar Glbl Thmtc P Acc has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Sarasin IE Price Density 
          Price 
    α
    Alpha over DOW
    =0.02
    β
    Beta against DOW=0.22
    σ
    Overall volatility
    =16.12
    Ir
    Information ratio =0.044072

    Sarasin IE Alerts

    Sarasin IE Alerts and Suggestions

    Sarasin IE EquiSar is not yet fully synchronised with the market data
    Sarasin IE EquiSar generates negative expected return over the last 30 days
    The fund retains 98.11% of its assets under management (AUM) in equities
    Additionally see Investing Opportunities. Please also try Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.
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