R Parus (Ireland) Probability of Target Price Finishing Over Current Price

    F00000QDRM -- Ireland Fund  

    EUR 125.74  0.00  0.00%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     125.74 30 days 125.74  ABOUT 29.95%
    Based on normal probability distribution, the odds of R Parus to move above current price in 30 days from now is about 29.95% (This R Parus I Euro Unhedged probability density function shows the probability of R Parus Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, R Parus has beta of 0.4257 suggesting as returns on market go up, R Parus average returns are expected to increase less than the benchmark. However during bear market, the loss on holding R Parus I Euro Unhedged will be expected to be much smaller as well. Additionally R Parus I Euro Unhedged has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     R Parus Price Density 
          Price 
    α
    Alpha over DOW
    =0.05
    β
    Beta against DOW=0.43
    σ
    Overall volatility
    =57.09
    Ir
    Information ratio =0.0094

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    R Parus I is not yet fully synchronised with the market data
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