Sarasin IE (Ireland) Probability of Target Price Finishing Over

    F00000OWJP -- Ireland Fund  

    USD 33.15  0.34  1.02%

    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.
     Time 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
     33.15 30 days 33.15  ABOUT 21.1%
    Based on normal probability distribution, the odds of Sarasin IE to move above current price in 30 days from now is about 21.1% (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 -0.2313 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 an alpha of 0.3179 implying that it can potentially generate 0.3179% excess return over DOW after adjusting for the inherited market risk (beta).
     Sarasin IE Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.32
    β
    Beta against DOW=0.23
    σ
    Overall volatility
    =17.31
    Ir
    Information ratio =0.11

    Sarasin IE Alerts

    Sarasin IE Alerts and Suggestions
    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 Equity Search module to search for activelly-traded equities including funds and etfs from over 30 global markets.