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

    F00000QDRM -- Ireland Fund  

    EUR 124.71  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
     124.71 30 days 124.71  ABOUT 24.95%
    Based on normal probability distribution, the odds of R Parus to move above current price in 30 days from now is about 24.95% (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 I Euro Unhedged has beta of -0.0142 suggesting as returns on benchmark increase, returns on holding R Parus are expected to decrease at a much smaller rate. During bear market, however, R Parus I Euro Unhedged is likely to outperform the market. Additionally R Parus I Euro Unhedged has an alpha of 0.2237 implying that it can potentially generate 0.2237% excess return over DOW after adjusting for the inherited market risk (beta).
     R Parus Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.22
    β
    Beta against DOW=0.01
    σ
    Overall volatility
    =64.37
    Ir
    Information ratio =0.25

    Current Sentiment - F00000QDRM

    R Parus I Investor Sentiment

    Macroaxis portfolio users are insensible in their opinion about investing in R Parus I Euro Unhedged. What is your perspective on investing in R Parus I Euro Unhedged? Are you bullish or bearish?
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