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

    F00000Q3K6 -- Ireland Fund  

    EUR 6.96  0.02  0.29%

    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
     6.96 30 days 6.96  ABOUT 40.14%
    Based on normal probability distribution, the odds of Principal Preferred to move above current price in 30 days from now is about 40.14% (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 has beta of 0.0 suggesting the returns on DOW and Principal Preferred do not appear to be highly reactive. Additionally It does not look like the company alpha can have any bearing on the equity current valuation.
     Principal Preferred Price Density 
          Price 
    α
    Alpha over DOW
    =0.00
    β
    Beta against DOW=0.00
    σ
    Overall volatility
    =2.40
    Ir
    Information ratio =0.00

    Principal Preferred Alerts and Suggestions

    Principal Preferred is not yet fully synchronised with the market data
    Principal Preferred generates negative expected return over the last 30 days
    The fund retains about 61.6% of its assets under management (AUM) in fixed income securities

    Principal PreferredPrice Density Drivers

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