Principal Preferred (Ireland) Probability of Target Price Finishing Over Current Price

    F00000Q3K6 -- Ireland Fund  

    EUR 6.97  0.00  0.00%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     6.97 30 days 6.97  ABOUT 36.8%
    Based on normal probability distribution, the odds of Principal Preferred to move above current price in 30 days from now is about 36.8% (This Principal Preferred Secs A EUR Hdg probability density function shows the probability of Principal Preferred Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Principal Preferred Secs A EUR Hdg has beta of -0.0173 suggesting as returns on benchmark increase, returns on holding Principal Preferred are expected to decrease at a much smaller rate. During bear market, however, Principal Preferred Secs A EUR Hdg is likely to outperform the market. Additionally Principal Preferred Secs A EUR Hdg has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Principal Preferred Price Density 
          Price 
    α
    Alpha over DOW
    =0.24
    β
    Beta against DOW=0.02
    σ
    Overall volatility
    =3.12
    Ir
    Information ratio =0.1

    Principal Preferred Alerts

    Principal Preferred Alerts and Suggestions

    Principal Preferred is not yet fully synchronised with the market data
    The fund retains about 61.6% of its assets under management (AUM) in fixed income securities
    Additionally see Investing Opportunities. Please also try Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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